Turkish lira in freefall over Erdogan's 'unorthodox' inflation theory | DW News

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In Turkey, the coronavirus pandemic weighs on an already ailing economy. The Turkish lira plunged to almost record-levels after President Erdogan fired his third central-bank chief in two years … to install a like-minded critic of high interest rates. A rate decision is due today.
Restaurant manager Rengin Atac is at his wits end. The lockdown forced him to shut his business with its 15…..(read more)