New collapse of the Turkish lira: S&P downgraded the credit rating outlook

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6 October 2021

New collapse of the Turkish lira: S&P downgraded the credit rating outlook

The Turkish lira collapsed 7 percent Monday morning to a new all-time low of 14.99 per dollar. During the day, the lira rebounded slightly to settle at 14.33 to the dollar, but the value of the currency continues to fluctuate, Deutsche Welle writes.

16 September 2021

U.S. inflation shows fastest acceleration in 40 years

U.S. consumer prices in November rose at the fastest pace in nearly 40 years, putting political pressure on the Joe Biden administration.

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