Turkey’s Inflation Hits 67.07%, Lira Drops to 31.4205
Quick Look February’s annual inflation rate in Turkey soared to 67.07%, up from January’s 64.86%. The monthly Consumer Price Inflation (CPI) rose by 4.53% in February, surpassing expectations. Central Bank of Turkey ramped up interest rates by 3,650 basis points to 45% since June. The Turkish lira weakened further, trading at 31.4205 against the dollar …
Turkey’s Inflation Hits 67.07%, Lira Drops to 31.4205 Read More »