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1 – 3 of 3The limited rate hike (annual core inflation is running at 47%) has undermined foreign investors’ hopes that President Recep Tayyip Erdogan’s new economic team would be free to…
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DOI: 10.1108/OXAN-DB280020
ISSN: 2633-304X
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Geographic
Topical
Like other fuel-importing countries in the Middle East and North Africa (MENA), it has large structural fiscal and current account deficits. These have resulted in climbing…
Details
DOI: 10.1108/OXAN-DB282177
ISSN: 2633-304X
Keywords
Geographic
Topical
The size of the rate hike attests to the CBR’s determination to tame domestic price rises at all costs, even though this is likely to restrict credit growth and dampen output. The…