Home Business & Finance Turks often keep gold as a hedge against inflation. It...
Business & Finance

Turks often keep gold as a hedge against inflation. It may be hurting Turkey's future

Turks often keep gold as a hedge against inflation. It may be hurting Turkey's future
Key Points

Turks often keep gold as a hedge against inflation. It may be hurting Turkey's future Turks often hold onto gold as a hedge against inflation. It may be hurting Turkey’s financial future Billions of dollars worth of gold is held in Turkish households outside the banking system.

Turks often keep gold as a hedge against inflation. It may be hurting Turkey's future Turks often hold onto gold as a hedge against inflation. It may be hurting Turkey’s financial future Billions of dollars worth of gold is held in Turkish households outside the banking system. The government aims to convince citizens to put it into the mainstream financial system to help the economy.
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Originally published by NPR News Read original →