Lira's decline hangs over Turkey's people - Marketplace

Lira’s decline hangs over Turkey’s people Sabri Ben-Achour Dec 13, 2021 Turkey’s inflation rate is over 20%, and the country’s central bank will likely cut interest rates again later this week, raising the inflation temperature. Turkey’s currency, the lira, has fallen to a new all-time low against the dollar on expectations of the rate cut. More:Lira's decline hangs over Turkey's people - Marketplace