FILE PHOTO: People shop at an open market in Istanbul, Turkey, January 4, 2022. REUTERS/Dilara Senkaya/File Photo
ISTANBUL (Reuters) - More Turks now believe an opposition alliance is better suited than President Tayyip Erdogan and his ruling AK Party (AKP) to end the economic turmoil that has engulfed their country, according to a slew of opinion polls published this month.
Under pressure from Erdogan and despite high inflation, the central bank has slashed interest rates by 500 basis points since September, triggering a currency crisis that saw the lira plunge last month to 18.4 to the dollar, its weakest level ever.
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