Subscribe:

Dec 13, 2021

What’s life like when your currency’s value plummets? Ask Turkey.

Also today: Julia Coronado joins us to discuss the markets, especially when it comes to what to expect from the Federal Reserve in the coming days.

People wait to change money at an exchange office in Istanbul, on July 29, 2020. - According to reports, the Turkish Lira fell to a fresh record low on July 28, against major currencies, recording 7.05 Liras to the US Dollar and 8.20 to the Euro. — People wait to change money at an exchange office in Istanbul, on July 29, 2020. - According to reports, the Turkish Lira fell to a fresh record low on July 28, against major currencies, recording 7.05 Liras to the US Dollar and 8.20 to the Euro.
YASIN AKGUL/AFP via Getty Images

Subscribe:

Segments From This Episode

Lira’s decline hangs over Turkey’s people
by Sabri Ben-Achour
ADEM ALTAN/AFP via Getty Images
Turkey’s currency, the lira, has dropped to a record low. Its decline has the central bank there contemplating a cut in interest rates.
Download

The Team

What’s life like when your currency’s value plummets? Ask Turkey.