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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 December 2021
Expert Briefings Powered by Oxford Analytica

The lira’s collapse has only fortified President Recep Tayyip Erdogan’s adherence to unorthodox low-interest-rate policies. Rather than changing course, Erdogan has publicly…

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