Lira’s decline hangs over Turkey’s people
Sabri Ben-Achour
Dec 13, 2021
Turkey’s inflation rate is over 20%, and the country’s central bank will likely cut interest rates again later this week, raising the inflation temperature. Turkey’s currency, the lira, has fallen to a new all-time low against the dollar on expectations of the rate cut.
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Lira's decline hangs over Turkey's people - Marketplace