Turkey: Soaring inflation puts Erdogan under pressure | DW News

Turkey's lira crashed 7% in just a few minutes to a record of nearly 15 lira to the dollar. At teh sime time inflation is soaring. Under pressure from President Recep Tayyip Erdogan, the central bank is expected to cut its policy rate later this week.

Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1

For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Instagram: https://www.instagram.com/dwnews
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch

DW NewsTurkeyErdogan