Editorial photo #7437224 Economy, Business and Finance
Economy In Turkey
People making transactions in exchange offices in Istanbul, Turkey on November 23, 2021. The Turkish lira depreciated after Turkish President Recep Tayyip Erdogan's statements that he determined the competitive policy understanding in the exchange rate and his determined stance on interest rate cuts. The lira, which fell as low as 13.45 against the dollar, has lost 45% of its value this year, including a drop of about 26% since the beginning of last week. (Photo by Umit Turhan Coskun/NurPhoto)