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Qatar Pledges Billions In Investments To Help Turkish Lira

2018-08-16 3 Dailymotion

<br /> According to Reuters, Qatar has pledged billions of dollars in direct investments to Turkey.<br />The Gulf ally of Turkey will investment $15 billion into their economy to support the struggling lira.<br />Qatar’s Emir approved the package of economic projects, investments and deposits after meeting with Turkish President Tayyip Erdogan in Ankara.<br />Although Turkey's currency has rallied from a year low, it has fallen nearly 40-percent when compared to the US dollar. <br />

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