Trump's description on the S-400 in his meeting with President Erdogan, dollar began declining, following this process credit rating agency Moody's, made statements against Turkey.
Moody's stated that Turkey's banking system in view of the fragility of banks funding the next 12-18 months and could put downward pressure on the financial strength continued to be negative in the period due to the challenging operating conditions.
Moody's yesterday evening published the report on Turkey's weakening economy, they expect it will cause deterioration of higher loan loss provisions and slower loan growth due to the profitability of the banks it said.