Relations between the two Nato allies have plummeted in one of their worst crises in decades after the detention of US pastor Andrew Brunson on terror-related charges.
With investors already on edge over the China-US trade war, the lira's collapse sparked a sell-off in Europe and New York at the end of last week.
Turkish President Recep Tayyip Erdogan on Sunday slammed the crash of the lira amid a widening spat with the United States as a "political plot" and said his country would instead seek new markets and new allies.
The Turkish economy is not in a crisis or going bankrupt and the fluctuations in the foreign exchange rate are the 'missiles' of an economic war waged against Turkey, President Tayyip Erdogan said on Saturday.
President Recep Tayyip Erdogan said Turkey's partnership with the United States may be in jeopardy as ties strain, warning Ankara could start looking for new allies ...
President Tayyip Erdogan on Friday called on Turks to ignore developments in the Turkish lira, saying the country was set to post record growth despite the economic attacks it has been facing.
The sell-off has deepened concern about exposure to Turkey, particularly whether over-leveraged companies will be able to pay back loans in euros and dollars.
The Turkish president Recep Tayyip Erdogan said Saturday that they will freeze assets of the US ‘justice and interior’ secretaries in Turkey.
Syria's government and allied forces backed by Russia and Iran have swiftly recaptured other rebel strongholds in the southwest and vowed to push on and recover all of the country.