Turkish lira collapses to historic lows after rate cut by Erdogan’s order
The Turkish lira collapsed to a record low in trading on Thursday after the national central bank eased monetary policy for the second time in a row, despite a sharp acceleration in inflation. The lira rate fell by almost 3% to 9.49 lira per dollar against the background of the regulator’s decision to reduce the […]
Turkish lira collapses to historic lows after rate cut by Erdogan’s order Read More »