<br /> On Saturday, President Tayyip Erdogan denied that Turkey is in a currency crisis. reuters reports that he dismissed a plunge in the lira as ‘fluctuations’ which have nothing to do with economic fundamentals.<br />He spoke after U.S. President Donald Trump doubled tariffs on Turkish steel and aluminum imports. Erdogan described Friday’s 18 percent fall in the lira to a record low as the ‘missiles’ of an economic war waged against Turkey. <br />
