De-Dollarization Remains Erdogan's Remedy Against US-Led West's Assault on Lira

May 30th 2023 5:53am EDT

The Turkish lira is at risk of a 29-percent slide if newly reelected President Recep Tayyip Erdogan proceeds with his “unorthodox” monetary policy, according to Morgan Stanley. Sputnik sat down with Tom Luongo, financial and geopolitical analyst, to discuss whether there are really reasons to worry.

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