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Saturday, November 27, 2021

Turkish lira plunges, loses nearly 40% it’s value this year

It’s been an especially tough past few days for the Turkish lira. It remains near all-time lows against the dollar. The country recently cut interest rates at the insistence of President Recep Tayyip Erdogan despite the warnings of economists.

The consequences are borne by normal Turks. Many are now angry.

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SourceDW News