Turkish lira collapses on high inflation as USD/TRY hits 31.5000

Explore the surge in USD/TRY amid Turkey's soaring inflation, hitting new highs with rates at 67%. Discover the impact of aggressive monetary policies and the currency's dramatic increase since 2017.

Intro: (0:00)
USD/TRY gained on inflation data: (0:50)
Inflation in Turkey hits 67%: (2:40)
Turkey’s recent inflationary trouble: (3:26)
Will interest rates at 45% help?: (5:18)
USD/TRY up 800% since 2017: (7:27)



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