World Bulletin / News Desk

The Turkish currency has been in freefall since Washington ordered tariffs in retaliation for the detention of Pastor Andrew Brunson on charges of complicity in a failed 2016 coup.

Brunson denies wrongdoing, and Ankara has in the past suggested his fate could be linked to FETO organization whom President Erdogan accuses of orchestrating the attempted coup.

Qatar's Emir this month approved a package of economic projects, including a $15 billion pledge of support, for Turkey, giving a boost to a lira that has lost some 37 percent of its value this year.

Bolton was skeptical about the intervention by the Gulf state, which has been feuding with U.S. allies in the Middle East such as Saudi Arabia, United Arab Emirates and Egypt.

"Well, I think what they pledged is utterly insufficient to have an impact on Turkey's economy. It's certainly not helpful but we'll actually see what develops from their pledge," he said.

Reuters