Turkmenistan: Learning to Live With a Dollar Drought

Under a video screen displaying currency exchange rates, customers line up at service counters in the Ashgabat branch of the State Bank for Foreign Economic Affairs of Turkmenistan in 2014. On January 12, the Turkmen government made it forbidden to purchase foreign currencies as it tries to ensure its own manat does not buckle. (Photo: Turkmenistan Government Press Service)

In what feels like a last throw of the dice, Turkmenistan is forbidding the purchase of foreign currencies as it tries to ensure its own currency, the manat, does not buckle.
 

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Turkmenistan: Learning to Live With a Dollar Drought

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