The Turkish lira stood at 5.80 per dollar on Friday, up about 0.4 percent against the dollar.
The Turkish currency dropped to 6.0700 against the dollar yesterday, having hit a record low of 7.2149 on Monday.
USA treasury secretary Steven Mnuchin warned the country will turn up the heat on under-fire president Recep Tayyip Erdogan by imposing more crippling sanctions if Turkey refuses to free American pastor Andrew Brunson.
"They are now holding our wonderful Christian pastor, who I must now ask to represent our Country as a great patriot hostage".
L'enquête pour "harcèlement sexuel" et "travail dissimulé" relancée — Affaire Morandini
Jean-Marc Morandini fait l'objet d'une information judiciaire pour " harcèlement sexuel " et " travail dissimulé ". Ce dernier reste mis en examen dans une autre affaire de " corruption de mineur aggravée ", rappelle Le Parisien .
The White House host added that "we will pay nothing for the release of an innocent man, but we are cutting back on Turkey!"
One currency trader said Friday's lira weakness was driven by "the new USA sanctions threat and the S&P decision, with position-closing in markets ahead of the public holiday".
Rattled markets ended a rollercoaster week on the back foot after the Turkish lira's recovery suffered a setback with tensions mounting with the US.
Brunson has been detained in Turkey for nearly two years for his alleged involvement in a failed coup against Erdogan's regime. "We have more that we are planning to do if they don't release him [Andrew Brunson] quickly".
Analysts say Turkey is also likely to seek a more dynamic economic relationship with China and Russian Federation, with whom ties have warmed considerably in recent years.
Trop cher, le défilé militaire voulu par Trump est reporté
Il y avait assisté lorsqu'il avait été reçu en grande pompe par le Président Emmanuel Macron à Paris l'année dernière. Le défilé prévu par le ministère de la Défense américain prévoyait notamment lui aussi un grand spectacle aérien.
Though Turkey's financial troubles did not originate with the battle over Brunson's release, the moves have sped up the Turkish economy's decline.
The Turkish leader's communications director, Fahrettin Altun, wrote on Twitter, "We are fending off this economic coup attempt with the wisdom of the Turkish nation and the leadership of our president".
"So, we haven't seen the last of that". "The Europeans will maintain the existing objections to certain Erdogan policies and continue to voice their concerns, but that won't stop them from developing pragmatic cooperation with Turkey", he said.
Erdogan has remained defiant in the face of the crisis with Washington, saying Turkey could turn to new alternative markets.
Officiel : Cabella à Saint-Etienne
Après de longues semaines de négociations, les deux formations ont enfin trouvé un accord pour cette transaction. Rémy Cabella revient définitivement à Saint-Etienne, où il était prêté la saison dernière.
"Turkey has taken advantage of the United States for many years".