TwistedEagle
on January 16, 2022
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Turkey striving for rapid de-dollarization
The process of de-dollarizing the Turkish economy will be accelerated in the coming weeks, according to Treasury and Finance Minister Nureddin Nebati.
The government will step up the conversion of the nation’s foreign currency holdings into Turkish lira, he said, adding that more than 131 billion lira ($9.69 billion) had been deposited in accounts under the plan.
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