Turkish lira begins to dip down again after a few months’ break as the “official” inflation hits 24- year high as

Turkey’s lira dips again, down 22% so far this year – Reuters

ISTANBUL, June 8 (Reuters) – The Turkish lira slid 0.9% against the dollar on Wednesday, bringing its losses to 22% this year, after worries about
Nureddin Nebati. Treasury and Finance Minister Nebati says inflation surge ‘temporary’.
According to TurkStat, in May 2022, the annual consumer inflation rate was 73 percent in Turkey while the Inflation Research Group (ENAG) has estimated the same rate as 160 percent

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