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Turkish Citizens Seek Refuge in Gold and Stablecoins Amid Surging 67% Inflation Rate – Economics Bitcoin News

March 24, 2024
in Cryptocurrency
Reading Time: 1 min read
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In response to February 2024’s newest inflation information, Turkey faces an inflation charge exceeding 67%, amid ongoing foreign money devaluation and a declining lira in opposition to the U.S. greenback. Latest findings recommend that in an effort to safeguard their wealth, Turks are more and more turning to gold, with smuggling hitting unprecedented ranges. Moreover, there’s a rising curiosity amongst […]

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Tags: BitcoinCitizensCryptocryptocurrenciesEconomicsgoldgold smugglinginflationnewsraterefugeseekStablecoinsSurgingTurkeyTurkey EconomyTurkishTurkish citizensTurkish LiraUSDTXAUT
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