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Expert briefing
Publication date: 13 February 2023
Expert Briefings Powered by Oxford Analytica

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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Executive summary
Publication date: 22 December 2015
Expert Briefings Powered by Oxford Analytica

TURKEY: Political pressure on Central Bank will stay
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Expert briefing
Publication date: 28 June 2018
Expert Briefings Powered by Oxford Analytica

Prospects for Turkey to end-2018

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PROSPECTS H2 2018

Prospects for Turkey to end-2018.
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Expert briefing
Publication date: 4 November 2015
Expert Briefings Powered by Oxford Analytica

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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Expert briefing
Publication date: 9 March 2020
Expert Briefings Powered by Oxford Analytica

Turkey’s economic bounce-back.
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Expert briefing
Publication date: 29 February 2016
Expert Briefings Powered by Oxford Analytica

Turkey's external balances in 2016.
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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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Expert briefing
Publication date: 25 November 2020
Expert Briefings Powered by Oxford Analytica

In one of the most significant changes in direction in a major emerging market (EM) in recent years, newly appointed TCMB Governor Naci Agbal has tightened monetary policy…

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Executive summary
Publication date: 14 March 2022
Expert Briefings Powered by Oxford Analytica

TURKEY: Ukraine war will hurt Turkey’s economy
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Expert briefing
Publication date: 20 February 2015
Expert Briefings Powered by Oxford Analytica

The CBRT is expected to respond at its regular monthly interest rate-setting meeting to the fall in inflation in January to 7.2%. However, while the nearly 50% slide in oil…

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