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1 – 10 of 39The statement implies that a return to economic orthodoxy is likely, following two years of unorthodox policies built around Erdogan’s preference for low interest rates. The…
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DOI: 10.1108/OXAN-DB279817
ISSN: 2633-304X
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The stability of the lira since June 2022 is primarily a result of President Recep Tayyip Erdogan’s government shoring up the currency despite cutting interest rates. The…
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DOI: 10.1108/OXAN-DB275967
ISSN: 2633-304X
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Prospects for Turkey in 2023.
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DOI: 10.1108/OXAN-DB274062
ISSN: 2633-304X
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Turkey, which has underlying attractions for investors and lenders, needs foreign capital inflows for stability and growth. A change of government in May could accelerate net…
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DOI: 10.1108/OXAN-DB278290
ISSN: 2633-304X
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The Central Bank’s policy dilemma.
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DOI: 10.1108/OXAN-DB225191
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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TURKEY: Central Bank may be under more pressure soon
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DOI: 10.1108/OXAN-ES233584
ISSN: 2633-304X
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TURKEY: Government's latest package may not save lira
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DOI: 10.1108/OXAN-ES216598
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB233743
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…