erkan

Turkish lira hits new record low as bread lines grow longer due to rising inflation…

In Uncategorized on December 14, 2021 at 18:09

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The lira plunged to as low as 14.61 to the US dollar and 16.47 to the Euro in the first half of the day.
Growing bread lines in Istanbul bear testament to the financial pain Turkish households are wrestling with.
The latest slide prompted the central bank to sell dollars to defend the lira for the fourth time this month.

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