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Expert briefing
Publication date: 25 November 2020

In one of the most significant changes in direction in a major emerging market (EM) in recent years, newly appointed TCMB Governor Naci Agbal has tightened monetary policy…

Expert briefing
Publication date: 15 May 2020

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…

Expert briefing
Publication date: 17 November 2020

During January-September, amid restrictions and social distancing, the economy contracted by just 4.6% year-on-year, helped by the resilience of certain sectors and supportive…

Expert briefing
Publication date: 27 October 2021

The government targets 3.0-3.5% GDP growth this year, up from 2.9% in 2020 and despite a nearly 6.2% year-on-year contraction in July-September. A key factor in the fall was the…

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Expert briefing (6)
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