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3232While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It’s Closer to 200%
https://www.digit.info/while-official-figures-claim-turkeys-inflation-rate-is-85-third-party-stats-say-its-closer-to-200/
Sat, 05 Nov 2022 21:30:07 +0000https://www.digit.info/2022/11/05/while-official-figures-claim-turkeys-inflation-rate-is-85-third-party-stats-say-its-closer-to-200/Read more]]>Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show the country’s inflation rate topped 85.5% year-on-year. The inflation rate in Turkey has risen for 17 consecutive months and last month it reached a 24-year high. Turkey’s Interest Rate Remains Low, While Inflation Runs Rampant Turkey, the transcontinental country located […]
]]>Salvadoran President Nayib Bukele Expects Bitcoin to Experience a ‘Gigantic Price Increase’
https://www.digit.info/salvadoran-president-nayib-bukele-expects-bitcoin-to-experience-a-gigantic-price-increase/
Mon, 31 Jan 2022 16:30:37 +0000https://www.digit.info/2022/01/31/salvadoran-president-nayib-bukele-expects-bitcoin-to-experience-a-gigantic-price-increase/Read more]]>El Salvador’s president, Nayib Bukele, believes that it’s just a matter of time before bitcoin sees a “gigantic price increase.” Bukele stressed on Twitter that bitcoin is extremely scarce and there’s not enough bitcoin in the world for all today’s millionaires. Salvadoran President Says Best Time to Buy Bitcoin ‘Is When the Price Is Down’ […]
]]>Turkey’s Inflation Jumps to 36%, Lira’s Value Plummets, Citizens Flock to Stablecoins
https://www.digit.info/turkeys-inflation-jumps-to-36-liras-value-plummets-citizens-flock-to-stablecoins/
Mon, 03 Jan 2022 22:30:40 +0000https://www.digit.info/2022/01/03/turkeys-inflation-jumps-to-36-liras-value-plummets-citizens-flock-to-stablecoins/Read more]]>The Republic of Turkey’s economy and the country’s native fiat currency the Turkish lira continue to experience turmoil as inflation has risen to 36%. Since this time last year, the lira has lost 44% of its value against the U.S. dollar. Meanwhile, the use of stablecoins in Turkey has skyrocketed and today, 28.96% of all […]
Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show the country’s inflation rate topped 85.5% year-on-year. The inflation rate in Turkey has risen for 17 consecutive months and last month it reached a 24-year high. Turkey’s Interest Rate Remains Low, While Inflation Runs Rampant Turkey, the transcontinental country located […]
El Salvador’s president, Nayib Bukele, believes that it’s just a matter of time before bitcoin sees a “gigantic price increase.” Bukele stressed on Twitter that bitcoin is extremely scarce and there’s not enough bitcoin in the world for all today’s millionaires. Salvadoran President Says Best Time to Buy Bitcoin ‘Is When the Price Is Down’ […]
The Republic of Turkey’s economy and the country’s native fiat currency the Turkish lira continue to experience turmoil as inflation has risen to 36%. Since this time last year, the lira has lost 44% of its value against the U.S. dollar. Meanwhile, the use of stablecoins in Turkey has skyrocketed and today, 28.96% of all […]