Business News

Erdogan says Turkish prices will be lowered by Reuters as soon as possible

[ad_1]

© Reuters. FILE PHOTO: Turkish President Tayyip Erdogan addresses the media after a cabinet meeting in Ankara (Turkey, December 20, 2021). Murat Cetinmuhurdar / PPO / Handout REUTERS

ANKARA (Reuters) – Turkey will drop prices as soon as possible, President Tayyip Erdogan said on Wednesday after rising annual inflation by more than 36% in December as a result of the currency crisis caused by its unorthodox low-rate policy.

Speaking in parliament to members of his ruling AK Party, Erdogan said inflation figures were not in line with Turkey’s economic reality and hoped to see the benefits of Ankara’s economic policy in the summer.

Note: Fusion Media Please note that the data contained on this website may not be real-time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges, but by creative markets, so they may not be accurate and different from actual market prices, which are indicative prices and not suitable for trading purposes. Therefore, Fusion Media assumes no responsibility for any commercial losses you may suffer as a result of your use of this data.

Fusion Media or anyone involved with Fusion Media will not be held liable for any loss or damage as a result of relying on the information contained in the data, estimates, charts and buy / sell signals contained in this website. Please be informed that one of the most risky forms of investment possible is the full information on the risks and costs associated with trading in the financial markets.

[ad_2]

Source link

Related Articles

Back to top button