Home Page : Archive News : March 2022 News : Turkey's inflation rate hits a new 20-year high of 54% | |
Turkey's inflation rate hits a new 20-year high of 54% | |
March 04, 2022 The Turkish lira has lost roughly 47% of its value in the last full year, in a rout driven by Erdogan's refusal to raise interest rates. Source: https://www.cnbc.com/2022/03/03/turkeys-inflation-rate-hits-a-new-20-year-high-of-54percent-.html |