Turkey’s Economic Challenges and Market Trends: A Comprehensive Overview

Turkish citizens are grappling with sky-high inflation, prompting a rush to invest in dollars, gold, and stocks to safeguard their savings. The country’s central bank’s drastic interest rate hike to 45% has failed to curb inflation, leading to widespread economic uncertainty and financial struggles for many. Despite this, Turkey’s stock market has seen significant gains, driven by local investors seeking to protect their cash from inflation.

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