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Expert briefing
Publication date: 13 February 2023

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…

Expert briefing
Publication date: 13 June 2022

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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