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ANKARA, Turkey (AP) — Turkey’s beleaguered currency has been plunging to all-time lows against the U.S. dollar and the euro in recent months as President Recep Tayyip Erdogan presses ahead with a widely criticized effort to cut interest rates despite surging consumer prices .
Turkey’s beleaguered currency has been plunging to all-time lows against the U.S. dollar and the euro in recent months as President Recep Tayyip Erdogan presses ahead with a widely criticized effort to cut interest rates despite surging consumer prices. As a result, families are struggling to buy food and other goods and the Turkish lira…
Why is Turkey's currency crashing and what is the impact of this crisis?
WBAL Radio 1090 AM - EXPLAINER: Turkey's currency is crashing. What's the impact?
ANKARA, Turkey (AP) — Turkey’s beleaguered currency has been plunging to all-time...