Lira steady after Bolton says Turkey made 'big mistake' over pastor

The lira has lost 37 percent of its value this year in a crisis triggered by concerns over President Tayyip Erdogan’s influence on monetary policy and excerbated by the dispute with Washington.

U.S. National Security Adviser John Bolton told Reuters during a visit to Israel that Ankara “made a big mistake in not releasing Pastor (Andrew) Brunson”.

The case was likely to continue to add to the lira’s woes, said Per Hammarlund, chief emerging markets strategist at SEB.

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