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It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…
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DOI: 10.1108/OXAN-DB238519
ISSN: 2633-304X
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Though global commodity prices are a factor, inflation started accelerating in late 2021 due to pre-election monetary expansion. The rise has deepened differences between the…
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DOI: 10.1108/OXAN-DB268709
ISSN: 2633-304X
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The zloty resumed a depreciating trend on July 4, following the announcement of radical pension reform by Development Minister Mateusz Morawiecki. A combination of investor…
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DOI: 10.1108/OXAN-DB212306
ISSN: 2633-304X
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In 2018 the economic slump and devaluation helped to improve the trade balance by cutting imports. However, the current account deficit reached 5.4% of GDP, up from 4.9% in 2017…
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DOI: 10.1108/OXAN-DB243427
ISSN: 2633-304X
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The surprisingly ample victory of opposition candidate Alberto Fernandez over President Mauricio Macri in the August 11 presidential primaries triggered a currency run and a sharp…
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DOI: 10.1108/OXAN-DB246142
ISSN: 2633-304X
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Erdogan spoke with pride of imposing additional customs duties to protect domestic industries, cheapening credit and launching a national car project. Economic policies are…
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DOI: 10.1108/OXAN-DB254266
ISSN: 2633-304X
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The economy nevertheless still saw growth of 9.8% year-on-year, underpinned largely by the transportation and communications, commerce, construction and manufacturing sectors…
West African franc.
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DOI: 10.1108/OXAN-DB245383
ISSN: 2633-304X
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Outlook for the banking sector.
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DOI: 10.1108/OXAN-DB211242
ISSN: 2633-304X
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In the region’s distressed and dysfunctional economies, cryptocurrencies have often become a lifeline for ordinary people, despite volatile prices and a risk of theft. By…