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1 – 10 of 15Local investors have used Turkey’s stock market as a hedge against the country’s runaway inflation and government attempts to 'lira-ise' the economy. The market's strong…
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DOI: 10.1108/OXAN-DB275691
ISSN: 2633-304X
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This is below the medium-term target of average annual real GDP growth of 6%, with economic performance largely affected by poor agricultural harvests. There was a modest recovery…
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DOI: 10.1108/OXAN-DB287009
ISSN: 2633-304X
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Geographic
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The marked improvement in sentiment towards Turkish assets since mid-January.
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DOI: 10.1108/OXAN-DB220223
ISSN: 2633-304X
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Geographic
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Prospects for Turkey in the second quarter.
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DOI: 10.1108/OXAN-DB198193
ISSN: 2633-304X
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Geographic
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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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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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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…
Prospects for Turkey in the fourth quarter.
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DOI: 10.1108/OXAN-DB203084
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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Geographic
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The long-running weakness of the lira, which accelerated this month, has forced up prices and market interest rates, depressed asset values, dampened confidence in the economy and…