Turkey Rolls Out Economic Rescue Plan, Reversing Lira’s Spiral
ISTANBUL—Turkey’s currency mounted a dramatic, partial reversal from a monthslong collapse on Tuesday after President Recep Tayyip Erdogan announced a rescue plan to encourage Turks to put their money back into the lira. In a televised speech late Monday, Mr. Erdogan said the government would guarantee returns on lira deposits…
bubmagDecember 21, 2021