Turkey ranks 114th in the Economic Freedom Index

In the Economic Freedom Index, which covers 165 countries of the world, Turkey has ranked 114th with 6.54 points. In 2018, the ranking of the country was 100 with 6.69 points.
Turkey’s currency hits a new low after a surprise interest rate cut.

The country’s central bank lowered the interest rate to 18 percent, below the annual rate of inflation, which was 19.3

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