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Turkish inflation hits 14% as monetary policy pressure mounts

Turkey’s annual inflation surged to 14.03% in November as the lira weakened, its highest since August 2019 and well above a 12.6% forecast, keeping up pressure for tight monetary policy after last month’s rate hike. Ankara replaced its central bank governor in November as part of a promised policy overhaul,…

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Click here to read the full story: Reuters

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