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Over the weekend, Turkey’s political news:

In this article, you’ll find links to articles published earlier this month about the president also sacking central bank board members. President Erdogan wants interest rates to be lowered to fight inflation. Yes, you read that correctly, lower the rates to fight against the rampant inflation in the country. Very stupid.

Reuters cites 3 sources for information they converted that state banks would cut lending rates by around 200 basis points on Monday Turkish time.

The Turkish lira will continue to collapse.

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