Global Citizen

Turkey's Currency Collapse


Listen Later

Multimedia Editor Jacob Rose delves into Turkey's recent currency collapse. The Lira continues to fall in value, and a variety of factors, from supply chain slowdowns to President Recep Tayyip Erdogan's low-interest policies. NOTE: At the time this podcast was recorded, the U.S. Fed had not yet raised interest rates: however, in March 2022, the Federal Reserve raised interest rates a quarter percentage point.


Music from Uppbeat: https://uppbeat.io/t/simon-folwar/happy-days


License code: DLPPB1VJZOOVKSOL

...more
View all episodesView all episodes
Download on the App Store

Global CitizenBy Glimpse from the Globe