The cost of living in Britain is forecast to increase even higher in April owing to a tax hike and further planned increases to domestic energy bills, analysts say.
Turkiye's foreign trade volume hit almost $500 billion in 2021 from less than $88 billion in 2002, says President Erdogan.
Turkiye's President Erdogan says Ankara will not abandon free market principles and the country will not put in place a controlled foreign exchange regime.
The record levels of inflation come at a time when the EU is experiencing unprecedented social tensions.
Turkey is expected to see 10 percent growth in 2021 or more and the country will post surplus on current account in 2022, says President Erdogan.
Anti-refugee rhetoric is a useful distraction from government corruption and incompetence.
The hike follows a surprisingly weak consumer sentiment reading in the US last week.
It is the third banknote reform in 13 years, with a staggering 14 zeroes shed since 2008, giving Venezuela the dubious distinction of becoming the first South American country to have lopped the most zeroes off its currency.
Afghanistan has some $9 billion in reserves abroad - most of it held with the US Fed, says the central bank governor.
The IMF warns inadequate vaccine access and pandemic relief measures are widening the gulf between recoveries in developed and less developed economies.
Whatever his intention, Elon Musk has put Dogecoin investors in a vulnerable position. Should Bitcoin holders be worried too?
Cryptocurrency’s protection against inflation has been one of key drivers behind its popularity with the Turkish public.
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