Which one among the following countries, which was in the news recently, has lost more than 90% of the value of its currency in two years?
Algeria
Lebanon
Morocco
Turkey
Answer is Wrong!
Answer is Right!
This question was previously asked in
UPSC CISF-AC-EXE – 2022
– The Lebanese pound’s value plummeted dramatically on the black market.
– The crisis was driven by a combination of factors including political instability, unsustainable debt, and a failing financial system.