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Turkey's annual inflation rate nears 60% in August

Turkey’s economy minister says the country’s struggle with runaway inflation will take time.

A customer buys US dollars in exchange for Turkish lira at an exchange office, Ankara, Turkey, July 20, 2023.
A customer buys US dollars in exchange for Turkish lira at an exchange office, Ankara, Turkey, July 20, 2023. — Adem Altan/AFP via Getty Images

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