Lira falls after Erdogan calls interest rates ‘mother of all evil’
Turkish president says interest rates must go down
Recep Tayyip Erdogan said on Friday that interest rates must go down, calling them the ‘mother of all evil’ at a time when Turkey’s central bank is fighting to tamp down a flight away from the lira.
More:Lira falls after Erdogan calls interest rates ‘mother of all evil’