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Episode details

World Service,18 Nov 2021,26 mins

Turkish lira hits fresh record low

World Business Report

Available for over a year

As Turkey's central bank cut rates amid high inflation, its currency hit a new record low. William Armstrong of BBC Monitoring based in Istanbul tells us what life is like for people in Turkey with such high inflation. Also in the programme, with Afghanistan teetering on the brink of full scale economic collapse, the BBC's Ed Butler explores how to get aid to Afghan citizens without enriching the Taliban. As the Dubai air show wraps up, we hear from the chief executive of the UAE-based airline Etihad, Tony Douglas. Plus, more than $40m has been raised in cryptocurrency to bid on a rare copy of the US constitution being auctioned today. We find out more from Glen Goodman, author of The Crypto Trader. Today's edition is presented by Rob Young, and produced by Philippa Goodrich, Elizabeth Hotson and Will Bain. (Picture: Turkish lira. Picture credit: Getty Images.)

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