Wednesday, November 24, 2021

Turkish lira plunges to a historic low and protests erupt after Erdogan defends rates cuts | Euronews

Turkish lira plunges to a historic low and protests erupt after Erdogan defends rates cuts By Euronews, AP and AFP  •  Updated: 24/11/2021 - 20:51 People in the streets of Istanbul have expressed concern over the Turkish lira plunging to record lows against the dollar on Wednesday, a day after Turkey's president said policymakers had no appetite to hike interest rates in response to the currency's fall. More:Turkish lira plunges to a historic low and protests erupt after Erdogan defends rates cuts | Euronews