Home Page : Archive News : January 2022 News : Erdogan blames Turkey's currency problems on 'foreign financial tools' as central bank reserves fall | |
Erdogan blames Turkey's currency problems on 'foreign financial tools' as central bank reserves fall | |
January 17, 2022 Turkey's lira lost 44% of its value in 2021, due in large part to a refusal by the president to raise interest rates to rein in inflation. Source: https://www.cnbc.com/2022/01/13/erdogan-blames-turkeys-currency-woes-on-foreign-financial-tools-as-central-bank-reserves-fall.html |