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The Turkish lira and red hot inflation

The Turkish lira and red hot inflation

The value of the lira has plunged by nearly half this year

Business Daily · BBC World Service

December 16, 202117m 27s

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Show Notes

The official inflation rate in Turkey is above 21% and the value of the lira has plunged by nearly half this year. Victoria Craig hears from families, students and workers about what a currency crisis, fueling red-hot inflation, feels like to live through.

(Picture Description: Turkish Flag, Picture Credit: Getty Images).