With an estimated value of $311 billion, the physical gold held by the population - nicknamed "the gold under the pillow” - far exceeds the official reserves of the Central Bank of Turkey and the gold savings kept in the banking system, according to a recent article published by the Turkyie Today newspaper. Although this impressive treasure is outside the formal financial circuit, its potential impact on an economy severely affected by inflation and currency volatility is major but

Tag-uri: Inflatie