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Erdogan says Turkey 'won't lose economic war' after lira crash

August 10, 2018 11:32 AM
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ISTANBUL: Turkish President Recep Tayyip Erdogan on Friday pledged that Turkey would prevail in an "economic war" after the lira crashed to historic lows over Ankara's strains with Washington.

"We will not lose the economic war," state-run TRT Haber television quoted Erdogan as saying in his first reaction to the latest lira plunge.

The state-run Anadolu news agency also quoted Erdogan as saying that Turkey would be able to overcome the situation just like flooding this week in the Black Sea province of Ordu.

"God willing we will overcome these disasters (the Ordu floods) and also we will be successful in the economic war," he said on a visit to the Black Sea Bayburt region.


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