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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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IRAN: Elite economic blame-game carries risks
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DOI: 10.1108/OXAN-ES238500
ISSN: 2633-304X
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This was despite a sharp economic contraction, high inflation and currency devaluation. The government has played a significant role in promoting equities growth, with state or…
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DOI: 10.1108/OXAN-DB253322
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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With the lira at a record low, the Central Bank continued to tighten monetary policy this week, funding the market through competitive one-month repo tenders at rates of around…
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DOI: 10.1108/OXAN-DB256710
ISSN: 2633-304X
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At the same time, private businesses have been allowed to import as never before. New privately owned shops caters to those with hard currency, but for most people the economic…
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DOI: 10.1108/OXAN-DB281234
ISSN: 2633-304X
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The economic outlook after first-quarter data.
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DOI: 10.1108/OXAN-DB221608
ISSN: 2633-304X
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Depending on the outcome, the United Kingdom's relation with its largest trading partner may be at risk, together with the City of London's role as a financial hub and the ability…