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The Central Bank is expected to keep its main interest rates on hold, despite the lira continuing to fall sharply against the dollar and headline and core inflation rates that are…
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DOI: 10.1108/OXAN-DB216182
ISSN: 2633-304X
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Geographic
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The lira has been steadied by a combination of a new savings scheme introduced in December aimed at reversing the ‘dollarisation’ of the economy and the halt to aggressive…
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DOI: 10.1108/OXAN-DB267522
ISSN: 2633-304X
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Geographic
Topical
The relief rally in Turkish assets.
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DOI: 10.1108/OXAN-DB240758
ISSN: 2633-304X
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Geographic
Topical
Having partly restored its inflation-fighting credibility by maintaining an exceptionally tight monetary stance since its decision last September to raise its benchmark rate to a…
S&P is concerned that the political fallout from the failed July 15-16 military coup will make it more difficult for the country to meet its large external financing requirements…
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DOI: 10.1108/OXAN-DB212581
ISSN: 2633-304X
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Geographic
Topical
Despite dramatic depreciation of the lira since early March, the TCMB is likely to continue cutting its benchmark one-week repo rate, now at 8.75%, as it tries to mitigate the…