According to Reuters, Qatar has pledged billions of dollars in direct investments to Turkey.
The Gulf ally of Turkey will investment $15 billion into their economy to support the struggling lira.
Qatar’s Emir approved the package of economic projects, investments and deposits after meeting with Turkish President Tayyip Erdogan in Ankara.
Although Turkey's currency has rallied from a year low, it has fallen nearly 40-percent when compared to the US dollar.