The Turkish lira receives the biggest blow questyear from the declarations of the “Governor”
By
Editorial Team
September 9, 2021
The Turkish lira recorded one of the largest falls of the year amid speculations that the central bank intends to cut its main interest rate despite rising inflation.
Inflation continued to accelerate and last month hit 19.25% at an annual rate. This is the highest rate in two years, which exceeds the interest rate The bank’s benchmark of 19%.
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The Turkish lira receives the biggest blow questyear from the declarations of the "Governor" - Asume Tech