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Expert briefing
Publication date: 17 September 2018
Expert Briefings Powered by Oxford Analytica

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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Expert briefing
Publication date: 15 May 2020
Expert Briefings Powered by Oxford Analytica

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…

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