By Anna Fedorova
The escalating row over Turkey’s detention of American pastor Andrew Brunson appeared to be the last straw, sending the lira into freefall in August.
Brunson was arrested in October 2016 and accused of colluding with an organization the Turkish government claims is behind that year’s failed coup attempt.
On August 17, a Turkish appeals court rejected the application to release the pastor, causing renewed outrage from the US government, which could lead to further sanctions.
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