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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).

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18 minutes

Last on

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

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