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Turkish lira hits fresh record low

As Turkey's central bank cut rates amid high inflation, its currency hit a new record low.

As Turkey's central bank cut rates amid high inflation, its currency hit a new record low. William Armstrong of Βι¶ΉΤΌΕΔ Monitoring based in Istanbul tells us what life is like for people in Turkey with such high inflation. Also in the programme, with Afghanistan teetering on the brink of full scale economic collapse, the Βι¶ΉΤΌΕΔ's Ed Butler explores how to get aid to Afghan citizens without enriching the Taliban. As the Dubai air show wraps up, we hear from the chief executive of the UAE-based airline Etihad, Tony Douglas. Plus, more than $40m has been raised in cryptocurrency to bid on a rare copy of the US constitution being auctioned today. We find out more from Glen Goodman, author of The Crypto Trader.

(Picture: Turkish lira. Picture credit: Getty Images.)

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27 minutes

Last on

Thu 18 Nov 2021 22:32GMT

Broadcast

  • Thu 18 Nov 2021 22:32GMT