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World

Islamonomics: how Erdogan crashed the Turkish economy

9 December 2021

6:30 PM

9 December 2021

6:30 PM

The Turkish lira sank to an all-time low against the dollar last week. The lira shed 30 per cent of its value in November alone, having lost nearly half its value since the start of the year. Inflation in the country is out of control — reaching over 21 per cent last month.

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