US says maintains vibrant economic ties with Turkey despite tensions

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ANKARA: The United States continues to be a solid friend and ally of Turkey despite ongoing tensions between the NATO allies, the US Embassy in Ankara said on Tuesday, adding that the two countries had an active economic relationship.

In a tweet, the Embassy also slammed Turkish media reports citing a US official saying Turkey’s lira currency would weaken to 7 against the dollar as “made up and baseless”, after the currency hit a series of record lows on Monday on the back of trade threats from Washington and a deepening diplomatic row.