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Erdogan says he hopes Turkish lira will steady soon
2021-12-04 00:00:00.0     星报-世界     原网页

       

       ISTANBUL (Reuters) - Turkish President Tayyip Erdogan said on Saturday he hoped that foreign-exchange rates would stabilise shortly and again promised low interest rates, after a historic plunge in the lira currency to record lows.

       "God willing we will stabilise foreign-exchange rates in a short time period," Erdogan told an audience in the eastern city of Siirt. "Interest rates are a malady that make the rich even richer and the poor even poorer," he added.

       The lira shed some 30% over the last month in a selloff driven by aggressive interest rate cuts that Erdogan sought, but that economists and opposition politicians say are reckless.

       The currency touched a record low of 14 to the dollar on Tuesday.

       (Reporting by Azra Ceylan; Writing by Jonathan Spicer; Editing by Jane Merriman)

       


标签:综合
关键词: stabilise     Siirt     selloff     record     malady     Erdogan     currency     foreign-exchange rates    
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