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low

17 December 2021, Turkey, Istanbul: People walk in front of a currency exchange shop in Istanbul. The Turkish central bank cut its benchmark interest rate to 14 per cent on Thursday, the fourth consecutive cut since September, leading the lira to fall to historic lows. Photo: Serkan Senturk/ZUMA Press Wire/dpa.

World

TURKEY CRISIS

Turkish currency crisis spirals as lira plummets to fresh record low

The Nomad Today/dpa 12/17/21

Local media is full of images of long lines for cheap bread , quotas on certain goods in supermarkets and panic buying of essential items