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Spectacular recent GDP data.
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DOI: 10.1108/OXAN-DB227469
ISSN: 2633-304X
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The falling lira coincides with signs of policy disagreements and rumours of Deputy Prime Minister Mehmet Simsek's resignation. President Recep Tayyip Erdogan and his Justice and…
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DOI: 10.1108/OXAN-DB231968
ISSN: 2633-304X
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The TCMB has responded quickly to a new wave of lira volatility ahead of local elections, forcing banks to borrow at the overnight rate of 25.5% instead of the 24.0% policy rate…
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DOI: 10.1108/OXAN-DB242769
ISSN: 2633-304X
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Economic policy to 2019.
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DOI: 10.1108/OXAN-DB220668
ISSN: 2633-304X
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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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Cetinkaya is an apparent compromise between President Recep Tayyip Erdogan and Prime Minister Ahmet Davutoglu. The MPC cut the overnight lending rate by 50 basis points to 10%…
President Recep Tayyip Erdogan has insisted on repeating municipal elections in Turkey’s largest city, where the mayoral candidate of his Justice and Development Party (AKP) was…
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DOI: 10.1108/OXAN-DB243813
ISSN: 2633-304X
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He also withdrew Turkey from a convention protecting women and sexual minorities, while the chief prosecutor filed a case to close the main Kurdish opposition party. These…