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Mon 13 Aug 2018 10:47 AM

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In pictures: Turkish lira continues to slide

The value of the Turkish lira dropped significantly this year after the US imposed sanctions against Ankara. The currency's plunge is one of the most serious economic crises that recently re-elected President Recep Tayyip Erdogan has faced since coming to power in 2003

In pictures: Turkish lira continues to slide
A Kuwaiti man receives two-hundred Turkish lira banknotes from an exchange teller at a shop in Kuwait City on August 12, 2018. - The value of the Turkish lira dropped significantly this year after the US imposed sanctions against Ankara. The currency's plunge is one of the most serious economic crises that recently re-elected President Recep Tayyip Erdogan has faced since coming to power in 2003, in the wake of a financial crisis in 2001 that brought the economy to near meltdown. (Photo by Yasser Al-Zayyat / AFP) (Photo credit should read YASSER AL-ZAYYAT/AFP/Getty Images)
In pictures: Turkish lira continues to slide
A picture taken on August 12, 2018 shows a wad of one-hundred Turkish lira notes on display at a currency exchange in Kuwait City. - The value of the Turkish lira dropped significantly this year after the US imposed sanctions against Ankara. The currency's plunge is one of the most serious economic crises that recently re-elected President Recep Tayyip Erdogan has faced since coming to power in 2003, in the wake of a financial crisis in 2001 that brought the economy to near meltdown. (Photo by Yasser Al-Zayyat / AFP) (Photo credit should read YASSER AL-ZAYYAT/AFP/Getty Images)
In pictures: Turkish lira continues to slide
A Kuwaiti man holds a one US dollar bill next to a five Turkish lira banknote at a currency exchange in Kuwait City on August 12, 2018. - The value of the Turkish lira dropped significantly this year after the US imposed sanctions against Ankara. The currency's plunge is one of the most serious economic crises that recently re-elected President Recep Tayyip Erdogan has faced since coming to power in 2003, in the wake of a financial crisis in 2001 that brought the economy to near meltdown. (Photo by Yasser Al-Zayyat / AFP) (Photo credit should read YASSER AL-ZAYYAT/AFP/Getty Images)
In pictures: Turkish lira continues to slide
A Kuwaiti man counts two-hundred Turkish lira banknotes at a currency exchange in Kuwait City on August 12, 2018. - The value of the Turkish lira dropped significantly this year after the US imposed sanctions against Ankara. The currency's plunge is one of the most serious economic crises that recently re-elected President Recep Tayyip Erdogan has faced since coming to power in 2003, in the wake of a financial crisis in 2001 that brought the economy to near meltdown. (Photo by Yasser Al-Zayyat / AFP) (Photo credit should read YASSER AL-ZAYYAT/AFP/Getty Images)
In pictures: Turkish lira continues to slide
A Kuwaiti man holds up two-hundred Turkish lira banknotes at a currency exchange in Kuwait City on August 12, 2018. - The value of the Turkish lira dropped significantly this year after the US imposed sanctions against Ankara. The currency's plunge is one of the most serious economic crises that recently re-elected President Recep Tayyip Erdogan has faced since coming to power in 2003, in the wake of a financial crisis in 2001 that brought the economy to near meltdown. (Photo by Yasser Al-Zayyat / AFP) (Photo credit should read YASSER AL-ZAYYAT/AFP/Getty Images)
In pictures: Turkish lira continues to slide
A Kuwaiti man holds up two-hundred Turkish lira banknotes at a currency exchange in Kuwait City on August 12, 2018. - The value of the Turkish lira dropped significantly this year after the US imposed sanctions against Ankara. The currency's plunge is one of the most serious economic crises that recently re-elected President Recep Tayyip Erdogan has faced since coming to power in 2003, in the wake of a financial crisis in 2001 that brought the economy to near meltdown. (Photo by Yasser Al-Zayyat / AFP) (Photo credit should read YASSER AL-ZAYYAT/AFP/Getty Images)

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