Exchange
rate of the Turkish lira against the US dollar rose on Friday by 1.5% compared
to Thursday's close.
According
to official prices, the exchange rate was 5.45 Turkish lira to the dollar at
11:25 local time, the highest level of the Turkish currency since August 10
last.
The
improvement comes after President Donald Trump announced Thursday that he had a
"very good" call with his Chinese counterpart, Xi Jinping, on several
issues, including the trade dispute between the two countries.
"Just
had a long and very good conversation with President Xi Jinping of China. We
talked about many subjects, with a heavy emphasis on Trade" Trump wrote in
his twitter account.
The Turkish lira has seen a remarkable rise recently after the release of the American priest André Branson. The dollar dropped from 5.97 to 5.83 and the financial markets closed at 5.55 lira.