Turkey inflation down to 64.3% in December

Istanbul, January 3 (BNA): The Turkish lira changed slightly, as it traded near 18.72 per dollar, after data showed that annual inflation fell to less than expected 64.27% in December, declining due to the favorable fundamental effect after 24 years. high in October.

The lira was among the worst-performing emerging market currencies for 2022, after it fell nearly 29% in its value and hit a record low of 18.84 for the dollar, due to monetary easing measures taken by the central bank despite high inflation, according to Reuters.

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