Erdogan Says Turkey Won’t Be Beaten by Foreign Plots on Economy

Recep Tayyip ErdoganPhotographer: Geert Vanden Wijngaert/Bloomberg
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President Recep Tayyip Erdogan vowed to defeat foreign plots aimed at Turkey’s economy in remarks Monday after the lira was pushed to a record low against the dollar last week.

Erdogan’s remarks came after Turkey Monday lifted a ban on Turkish banks against trading lira with BNP Paribas SA, Citigroup Inc. and UBS Group AG, a quick reversal just days after it imposed the restrictions that rippled beyond the currency market.