Viewing a single comment thread. View all comments

jschubart t1_j0n6krh wrote

>The Turkish lira is in a devaluation slide due to inflation being 85.51% or higher. Independent analyst ENAG estimated that the annual CPI inflation was in fact 176.0%.

Clearly the central bank set the interest rates too high. /s

4

dogsent t1_j0onw1c wrote

I'm wondering how long this can continue.

1