The Turkish lira swings wildly as Erdogan's big gamble continues
December 24 2021, 08:00
Turkey's experiment in cutting interest rates to fight inflation has sent its currency crashing to record lows this year. Now, President Recep Tayyip Erdogan is trying to prop up the lira with a raft of new unorthodox economic measures.
Turkey's experiment in cutting interest rates to fight inflation has sent its currency crashing to record lows this year. Now, President Recep Tayyip Erdogan is trying to prop up the lira with a raft of new unorthodox economic measures.
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