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1 – 10 of 27The dramatic fall in the lira is turning a currency crisis into a full-blown debt and liquidity crisis. President Recep Tayyip Erdogan is taking an increasingly defiant stand…
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DOI: 10.1108/OXAN-DB236807
ISSN: 2633-304X
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However, serious concerns remain about the credibility of Turkey's Central Bank (CBRT), whose refusal to mount an interest rate defence of the lira accentuates the risks posed by…
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DOI: 10.1108/OXAN-DB206415
ISSN: 2633-304X
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His statement contrasts with broader regional trends. The six states of the Gulf Cooperation Council (GCC) have been overbanked for many years, but buoyant economies provided a…
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DOI: 10.1108/OXAN-DB217451
ISSN: 2633-304X
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DOI: 10.1108/OXAN-DB221976
ISSN: 2633-304X
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Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…
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DOI: 10.1108/OXAN-DB251403
ISSN: 2633-304X
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The recovery from the record low of 4.93 on May 23 may reflect officials’ efforts to counteract President Recep Tayyip Erdogan’s disastrous interventions in Turkey’s economic…
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DOI: 10.1108/OXAN-DB234089
ISSN: 2633-304X
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The impact of the sanctions Russia imposed after Turkey shot down its warplane on November 24.
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DOI: 10.1108/OXAN-DB210287
ISSN: 2633-304X
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Prospects for Turkey in 2016.
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DOI: 10.1108/OXAN-DB206722
ISSN: 2633-304X
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Turkey's economic and monetary policy.
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DOI: 10.1108/OXAN-DB216874
ISSN: 2633-304X
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With the lira at a record low, the Central Bank continued to tighten monetary policy this week, funding the market through competitive one-month repo tenders at rates of around…