Main content

The Turkish lira and red hot inflation

The official inflation rate in Turkey is above 21% and the value of the lira has plunged by nearly half this year.

The official inflation rate in Turkey is above 21% and the value of the lira has plunged by nearly half this year. Victoria Craig hears from families, students and workers about what a currency crisis, fueling red-hot inflation, feels like to live through.

(Picture Description: Turkish Flag, Picture Credit: Getty Images).

Available now

18 minutes

Last on

Thu 16 Dec 2021 08:32GMT
Βι¶ΉΤΌΕΔ World Service

More episodes

Previous

The Meta data centre dilemma

Next

High risk investing

See all episodes from Business Daily

Broadcast

  • Thu 16 Dec 2021 08:32GMT
    Βι¶ΉΤΌΕΔ World Service

Podcast

  • Business Daily

    The daily drama of money and work from the Βι¶ΉΤΌΕΔ.