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Friday, February 11, 2022

Turkey wants billions worth of 'under the mattress' gold back in the financial system as it fights inflation, currency devaluation | Kitco News

Turkey wants billions worth of 'under the mattress' gold back in the financial system as it fights inflation, currency devaluation Anna Golubova Thursday February 10, 2022 17:44 Kitco NewsShare this article: (Kitco News) As Turkey battles inflation at nearly 50% and a very weak lira, the government wants to encourage citizens to convert their "under the mattress" gold worth billions of dollars into lira-denominated bank accounts. More:Turkey wants billions worth of 'under the mattress' gold back in the financial system as it fights inflation, currency devaluation | Kitco News