Re:Turkish central bank raises interest rate to 42.5% to com...
by imachine1980_ on Friday December 22, 2023 @01:36PM
(#38737034)
turkish lira, venezuela month before a the hiper inflation and total default risk have 30% in dollars.
42% is dumb the inflation 42.5% so probably banks are making bucks here taking debt under inflation rate and lending over it, like happens in aregentina betwen 2008-2014.
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