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Coverage dated November 22, 2021

Turkish lira plunges after Erdogan defends rate cuts

Headline from Local News 8

ANKARA, Turkey (AP) — The Turkish currency has weakened by some 10% against the U.S. dollar, a day after President Recep Tayyip Erdogan insisted there would be no turning back from his unconventional policy of cutting interest rates despite high inflation. The lira plunged to a record low of 13.

Local News 8's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

13 articles, oldest first.

  1. The Brunswick News

    Turkish lira plunges 10% after Erdogan defends rate cuts (opens The Brunswick News)

    Published

    The Brunswick News's feed description

    ANKARA, Turkey (AP) — The Turkish currency weakened by nearly 10% against the U.S. dollar Tuesday, a day after President Recep Tayyip Erdogan insisted there would be no turning back

  2. Local News 8

    Turkish lira plunges after Erdogan defends rate cuts (opens Local News 8)

    Published

    Local News 8's feed description

    ANKARA, Turkey (AP) — The Turkish currency has weakened by some 10% against the U.S. dollar, a day after President Recep Tayyip Erdogan insisted there would be no turning back from his unconventional policy of cutting interest rates despite high inflation. The lira plunged to a record low of 13.

  3. The Guardian

    Turkish Lira sinks to fresh low after Erdoğan insists on interest rate cuts (opens The Guardian)

    Published

    The Guardian's feed description

    President defiant in face of rising inflation as he calls his policies an ‘economic war of independence’

  4. Deutsche Welle

    Turkey's lira crashes to new low against US dollar, euro | DW (opens Deutsche Welle)

    Published

    Deutsche Welle's feed description

    The Turkish lira hit new lows against the US dollar and euro. Analysts place the blame on the low interest rates and the cheap money policies preferred by President Recep Tayyip Erdogan.

  5. Al Jazeera

    Turkey’s lira crashes to new low after Erdogan defends rate cuts (opens Al Jazeera)

    Published

    Al Jazeera's feed description

    Overall, the lira has lost nearly 40 per cent of its value against the dollar since the start of the year.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

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