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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 […]
]]>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 […]
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 […]