US President Donald Trump said on Twitter that he had approved a double increase in import duties on aluminum and steel for Turkey. Duty on steel increased to 20%, on aluminum - up to 50%. Against this backdrop, the Turkish lira fell by more than 12% on Friday to a record low of 6.31 lire per $1. Last week, the US decided to impose sanctions on the head of the Turkish Ministry of Justice Abdulhamit Gül and the Interior Minister Suleiman Sile in response to the detention of US citizens in Turkey, including US pastor Andrew Branson. In Turkey, Branson is accused of involvement in an attempted coup in 2016.
Gold hits lowest level in two weeks over rising Treasury yields29.03.2021
Facebook, Google team up to have new undersea cables to connect Southeast Asia and America22.03.2021
Turkish lira falls on central bank sacking, yen and dollar rise18.02.2021
Gold bounces back, but hover near two-month lows over rising dollar, economic recovery optimism