The Daily Dive #105 - Turkish Lira Crisis And On-Chain Update

Turkish Lira Currency Crisis

The Turkish lira is in free fall today after President Erdogan demanded the Central Bank of Turkey to cut rates for a third consecutive month from 19% to 15%. The Turkish lira against the U.S. dollar has been weakening over the past decade, but today the currency saw rapid deceleration losing over 10% of its value in one day …

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