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TURKEY – Turkish lira weakens after sources say US set to impose sanctions (Al Arabiya)

A merchant counts Turkish lira banknotes at the Grand Bazaar in Istanbul, Turkey. (Reuters)
A merchant counts Turkish lira banknotes at the Grand Bazaar in Istanbul, Turkey. (Reuters)
The Turkish lira extended losses against the dollar late on Thursday after sources said the United States was poised to impose sanctions on Turkey over its acquisition of Russian S-400 air defense systems.
https://englishbeta.alarabiya.net/en/business/economy/2020/12/11/Economy-Turkish-lira-weakens-after-sources-say-U-S-set-to-impose-sanctions