Turkey's Erdogan says rates will come down, hitting lira

Young journalists club

News ID: 54742
Publish Date: 20:02 - 26 November 2021
Friday, 26 November 2021 (YJC)_Turkey’s President said that interest rates will come down.

Turkey's Erdogan says rates will come down, hitting liraPresident Tayyip Erdogan said on Friday that interest rates will come down, adding that Turkey will not turn back on its new economic policy that prioritises production, employment and a current account surplus, extending the lira's decline.

Speaking in the Aegean coastal province of Izmir, Erdogan said he will not allow people to be trampled by high interest rates and that he is against the International Monetary Fund (IMF) and the World Bank.

Your Comment