Lira Crashes To All Time Low After Turkey Shocks With 200bps Rate Cut Despite Soaring Inflation

Oct 21st 2021 7:26am EDT

Lira Crashes To All Time Low After Turkey Shocks With 200bps Rate Cut Despite Soaring Inflation To be fair, the writing has been on the wall for the past three years, ever since Turkey’s authoritarian ruler and de facto central bank head Erdogan started firing Central Bank governors any time they refused to cut rates […]

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