fne8w2ah@lemmy.world to World News@lemmy.worldEnglish · 2 months agoTurks drive hours to buy cheese in Greece and escape inflationwww.straitstimes.comexternal-linkmessage-square27fedilinkarrow-up1177arrow-down11
arrow-up1176arrow-down1external-linkTurks drive hours to buy cheese in Greece and escape inflationwww.straitstimes.comfne8w2ah@lemmy.world to World News@lemmy.worldEnglish · 2 months agomessage-square27fedilink
minus-squareLorem Ipsum dolor sit amet@lemmy.worldlinkfedilinkEnglisharrow-up4·2 months agoThey buy shittons of Lira with their foreign currency reserves.
minus-squareplyth@feddit.orglinkfedilinkEnglisharrow-up2·2 months agoThey import more than they export. The foreign exchange reserves are stable at about $80 billion, besides one dip. Where do those reserves come from?
minus-squareLorem Ipsum dolor sit amet@lemmy.worldlinkfedilinkEnglisharrow-up3·2 months agoLast time I heard about it were the Turkish elections where they decimated their reserves. Situation apparently has changed now, you know more than me
They buy shittons of Lira with their foreign currency reserves.
They import more than they export. The foreign exchange reserves are stable at about $80 billion, besides one dip.
Where do those reserves come from?
Last time I heard about it were the Turkish elections where they decimated their reserves. Situation apparently has changed now, you know more than me