Turkish Central Bank Raises Rates, Duff’s Analysis on Press TV

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Turkish President, Rejep Tayyip Erdogan, has blamed the United States for what he called a heinous economic attack. Erdogan says Turkey would see the result of the Central Bank’s independence after its substantial interest rate increase. He called on Turks to convert all savings to lira, and said the private sector must not give up on production and investment. On Thursday, the Turkish Central Bank hiked interest rates by six-point-25 percent to fight soaring inflation and boost the lira. The country’s national currency has plunged about 40-percent this year following U-S sanctions on Ankara in a row over a detained American pastor.
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1 COMMENT

  1. This is not America, it is Israel calling the shots to the Washington swamp. Their objective is war with Iran fought by American farm boys and paid for by Americas goy Taxpayers. I wonder if Trump even knows what is being done in his name.

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