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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
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(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