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These are the countries most at risk if Turkey's lira crash spirals into a debt crisis

Business Insider Thursday, 16 August 2018
These are the countries most at risk if Turkey's lira crash spirals into a debt crisis**

· *The collapse of the Turkish lira and the strong dollar have hit emerging market currencies globally.*
· *If the trend continues, countries may start to have trouble paying back dollar-denominated debts.*
· *Analysts say Argentina, Pakistan, South Africa, and Colombia are among those most at risk.*

Credit: Wochit News - Published < > Embed
News video: US Won't Remove Tariffs On Turkey

▶ US Won't Remove Tariffs On Turkey 00:33

The US says it won't remove steel tariffs that have contributed to a currency crisis in Turkey. Qatar pledged $15 billion in investment this week to Turkey to support a rise in the Turkish lira. The lira TRYTOM=D3 lost nearly 40 percent against the dollar this year. Turkey has refused to free Andrew...

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