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2024-01-12 12:49:52

Generalist on Nostr: 30 USD/TRY Turkey Dec inflation: 64.8% YoY. Market watchers & gov saying this cycle ...

30 USD/TRY

Turkey Dec inflation: 64.8% YoY. Market watchers & gov saying this cycle should hit its peak by mid-2024, to 70%, before decel to ~40% at 24' end

Country's CB made sharp pivot in June when it began hiking interest rates under a new team. Rates since lifted 8.5->42.5%
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