Turkey's president calls lira plunge "plot", threatens to seek new alliances
ANKARA, Aug. 12 (Xinhua) -- The plunge of Turkish lira is "a plot against Turkey" and the country will seek new partners and markets if the United States does not back down on its hostile policy, Turkish President Recep Tayyip Erdogan said on Sunday.
Talking in a meeting in the Black Sea city of Trabzon, Erdogan said the current fluctuations in the exchange rate could not be explained by logic.
"I here declare that we have seen your plot and we are challenging it," said Erdogan, apparently referring to the United States.