PressTV

Turkish lira drops 15% as president defends plans to cut interest rates

Name: Turkish lira drops 15% as president defends plans to cut interest rates
Uploaded: 2021-11-24 22:52:53
Description: Turkish lira drops 15% as president defends plans to cut interest rates

The Turkish lira crashed on Tuesday by 15 percent against the US dollar. Economists blame new Turkish government’s plan to cut interest rates aimed at resolving the economic crisis Ankara is facing.