The Turkish lira crashed today in an unprecedented 15% and reached more than 13 pounds for $ 1. But if anyone thought it would move the president from his traditional position that interest rates should be lowered then he was wrong. Erdogan has stated that he will not change his policy or position. 

The one who pays the price is the citizens and especially the weak among them after the pound has lost about 40% of the campaign since the beginning of the year. 

In January this year the minimum wage was worth $380 a month while today it is only $224. 

Who knows Erdogan who in the past proved that he is fickle may admit in the end also to this mistake and save the Turkish economy from him ....