Erdogan drives lira’s fast and furious collapse

In crisis since 2018, Turkey’s national currency has careened to record lows in the past ten days with no end to the turbulence in sight. The Turkish lira dropped to 8.40 to the US dollar on Monday (November 2) following an unprecedented dip to 8 on October 22. The currency has lost 40% of its … Continue reading Erdogan drives lira’s fast and furious collapse