President Erdogan and Emir Sheikh Tamim bin Hamad Al Thani did however sign 15 agreements to boost economic ties.
Turkey’s annual inflation rate is almost 60 percent, finds research group
Shortly before the state agency TurkStat announced the official consumer inflation rate in Turkey in November 2021 as 21.31
The annual inflation rate stood at 21.32 percent and the monthly inflation rate was 3.51 percent, according to the TurkStat.
Why Turkey’s currency crash does not worry Erdogan
Turkey’s national currency has plummeted 45% against the dollar this year
Turkey's real trade weighted exchange rate now back to levels last seen at the peak of the 2001 financial crisis pic.twitter.com/R4UnuxWjHy
— Richard Casey (@RichardTCasey) December 2, 2021
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60 percent!? Not a typo? I had no idea. That sounds very far from manageable.
The official rate is 22% but many experts calculated as such… Yes it may be beyond manageable.
60 percent?! I had no idea. That sounds far from manageable.