Istanbul: It emerged on Monday that the lira slid as much as 4% against the dollar as Turkey prepared for inflation to soar further. Inflation has touched a 19-year peak with 36.1% by the end of 2021. President Recep Tayyip Erdogan said the worst of the economic chaos was left behind. The lira has weakened by 44% and listed its worst year in 2021 since Erdogan came to power nearly two decades ago.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Emirates to start Dubai-Tel Aviv daily flights

Dubai: It emerged on Thursday that Emirates will be starting daily flights…