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August 13, 2018 10:31 am

Erdogan Says He Expects Attacks on Turkish Economy to Continue

avatar by Reuters and Algemeiner Staff

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Turkish President Recep Tayyip Erdogan. Photo: File.

President Recep Tayyip Erdogan said on Monday he expected attacks on Turkey’s economy to continue but predicted the lira would return to “rational levels” soon, after the Turkish currency hit a record low of more than 7 to the US dollar.

Erdogan, who has described the lira’s fall as the consequence of a plot rather than economic fundamentals, also said that spreading false news about the economy was treason and recent US actions were a stab in the back against Ankara.

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