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TURKEY: Bank profitability will fall next year
Local investors have used Turkey’s stock market as a hedge against the country’s runaway inflation and government attempts to 'lira-ise' the economy. The market's strong…
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DOI: 10.1108/OXAN-DB275691
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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TURKEY: Inflation will rebound in second half of 2023
In part, this reflects a slump in economic activity because of the COVID-19 pandemic and global policy responses. Yet it also points to a longer-term push to limit foreign…
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DOI: 10.1108/OXAN-DB257743
ISSN: 2633-304X
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TURKEY: Political pressure on Central Bank will stay
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DOI: 10.1108/OXAN-ES207497
ISSN: 2633-304X
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Prospects for Turkey to end-2018.
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DOI: 10.1108/OXAN-DB235767
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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The suspension of Turkey’s exploratory activities in the eastern Mediterranean as scheduled eases tensions with Greece and could allow for diplomacy. President Recep Tayyip…
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DOI: 10.1108/OXAN-DB256225
ISSN: 2633-304X
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Erdogan’s weakened position.