As the value of the Lira plummets, retailers have been raising prices. Meanwhile consumers say ordinary goods are becoming unaffordable.
No reason was given for Murat Cetinkaya's sacking, but the governor had been loath to cut the interest rate from 24%. Over the past year, Turkey has faced skyrocketing inflation as a result of a debt and currency crisis.
Pakistan's prime minister is facing a backlash over his economic policies, with public discontent growing over increased taxes and rising inflation. On Saturday, a countrywide traders' strike paralyzed business.
With official inflation up markedly, Zimbabwe is abandoning the use of foreign money at home. The step is intended to strengthen the local currency and ween the country off the US dollar and the South African rand.
If eurozone inflation stays low, the European Central Bank (ECB) could cut interest rates even further and take other steps to boost it, ECB chief Mario Draghi said. The remark prompted accusations from Donald Trump.
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