Erdogan aims to 'boost Turkish growth' with lira depreciation
The lira extended its fall into record-low territory after the Turkish president had pushed the central bank to cut interests rates to boost lending and growth. But the drawbacks are dire, say economist Erdal Yalcin.
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Erdogan aims to ′boost Turkish growth′ with lira depreciation | Business | Economy and finance news from a German perspective | DW | 25.10.2021