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The move has resulted in official rates depreciating sharply and converging with the parallel market rate; the spread has narrowed to just 16%. The change in policy means that the…
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DOI: 10.1108/OXAN-DB281160
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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LEBANON: Elites will resist economic policy decisions
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DOI: 10.1108/OXAN-ES280706
ISSN: 2633-304X
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Emefiele has vowed that the CBN will significantly increase financial inclusion, recapitalise banks and help the economy achieve double-digit growth over his second term. However…
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DOI: 10.1108/OXAN-DB244823
ISSN: 2633-304X
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ECB policy deliberations.
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DOI: 10.1108/OXAN-DB224509
ISSN: 2633-304X
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Global reserves outlook.
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DOI: 10.1108/OXAN-DB222157
ISSN: 2633-304X
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As state-owned banks apparently intervene to support the lira, the Treasury and Finance Ministry has proposed issuing domestic bonds with yields linked to the revenues of state…
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DOI: 10.1108/OXAN-DB270779
ISSN: 2633-304X
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Russia's economic problems caused by the low price of oil and to a lesser extent Western sanctions are a challenge for Kazakhstan and the four other Central Asian states. In its…
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DOI: 10.1108/OXAN-DB209755
ISSN: 2633-304X
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China's currency depreciation and the effect on South-east Asian economies.
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DOI: 10.1108/OXAN-DB202980
ISSN: 2633-304X
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There are several arguments in favour of the new law, among them the simplification of foreign exchange rules and the facilitation of international transactions. However, the law…