Question & Answer: The Turkish Lira Falls to its Lowest Level And its Implications on the Presidential Elections in 2023
- Published in Political Questions
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The Turkish lira plunged to its lowest level in a short period, losing more than 30% of its value in less than two months, and losing more than 45% of its value since the beginning of this year. The inflation doubled to about 21% and prices rose significantly. Note that it has been in continuous fall since 2013. What are the reasons for this? What is the solution for this…
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