Turkish Currency Hits Record Lows Over Fears of Overheating Economy

Source:VoA Date:11Apr2018

With elections on the horizon, the government is stoking economic growth. The latest figures saw growth running at over 7 percent, making Turkey one of the fastest-growing economies in the developed world.

But international investors are becoming increasingly alarmed at the cost of such growth, with double-digit inflation and a surge in imports widening Turkey’s current account deficit (the difference between imports and exports).

With ample comments by Yours Truly,  Atilla Yesilada