Turkey: This step reveals how unhealthy Erdogan's financial system actually is | EUROtoday

Get real time updates directly on you device, subscribe now.

Turkey is preventing towards horrendous inflation. Shortly earlier than the native elections, the central financial institution raised the important thing rate of interest to 50 %. The sudden step was in all probability obligatory for a number of causes. The upcoming election can be more likely to be a vote on Erdogan's financial course.