That's right. The situation is quite complex with foreign debts that are hard to pay back. The situation gets worse with tariffs against Turkey hurting their

That's right. The situation is quite complex with foreign debts that are hard to pay back. The situation gets worse with tariffs against Turkey hurting their ability to trade, which creates caution among investors. This in turn causes less demand for their currency, which makes things worse. Econofact has some background and history that I found quite interesting and well explained: https://econofact.org/the-financial-and-economic-crisis-in-turkey https://econofact.org/the-financial-and-economic-crisis-in-t...