Asked in a 2021 paperModerate

which nation's currency fell to a record low on November 24, 2021?

Correct answer: C. Turkey

  • A. North korea
  • B. America
  • C. Turkey
  • D. Russia

Explanation

Turkey’s lira fell to a record low against the US dollar on 24 November 2021, amid concerns about interest-rate policy and inflation. The question refers to Turkey, not North Korea, the United States or Russia.

Last updated

About Global Economy

Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.

Practise Global Economy

448 free Global Economy MCQs from International Current Affairs, each with the correct answer and an explanation. Unlimited attempts, no account needed.

Exams that ask International Current Affairs questions like this

International Current Affairs is on this paper prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for it.

Related questions