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In a speech on Monday evening, Ardoan sought to play down the leap in inflation The annual increase was raised to 73 percent last month, saying it is one of the few problems facing the economy that is likely to begin to recede early next year.
and recorded lira At the close of 16,765 to the dollar, compared to 16.58 at the close, Monday, extending its losses since the beginning of the year to more than 21 percent to add to a sharp drop of 44 percent in 2021, when it was affected by a series of unconventional interest rate cuts despite high inflation.
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In a speech on Monday evening, Ardoan sought to play down the leap in inflation The annual increase was raised to 73 percent last month, saying it is one of the few problems facing the economy that is likely to begin to recede early next year.
and recorded lira At the close of 16,765 to the dollar, compared to 16.58 at the close, Monday, extending its losses since the beginning of the year to more than 21 percent to add to a sharp drop of 44 percent in 2021, when it was affected by a series of unconventional interest rate cuts despite high inflation.