Friday, October 28, 2022
TRY/USD: Turkey’s Flagship Lira Savings Tool Cost Swells to $8 Billion - Bloomberg
Cost of Turkey’s Flagship Lira Savings Tool Swells to $8 Billion
ByBurhan Yuksekkas
October 28, 2022 at 5:33 AM EDT
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Turkey’s flagship lira savings program has cost the state almost 150 billion liras ($8.1 billion) since its introduction last year to boost local-currency deposits, Vice President Fuat Oktay said.
More:TRY/USD: Turkey’s Flagship Lira Savings Tool Cost Swells to $8 Billion - Bloomberg
