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It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…
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DOI: 10.1108/OXAN-DB238519
ISSN: 2633-304X
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The economy is not showing serious ill effects from the overspill of the conflict in Gaza or recent aid cuts. The government may even have derived some additional financial…
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DOI: 10.1108/OXAN-DB285958
ISSN: 2633-304X
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Banks' response to limited growth and profitability from restrictions on growing their credit card businesses.
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DOI: 10.1108/OXAN-DB216439
ISSN: 2633-304X
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Turkey’s economic bounce-back.
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DOI: 10.1108/OXAN-DB251192
ISSN: 2633-304X
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Moves to shore up the PPP infrastructure programme.
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DOI: 10.1108/OXAN-DB218127
ISSN: 2633-304X
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Furthermore, in the year to April, sales fell by 19.2% year-on-year. After a decade of sharp rises, home prices have been declining since September 2017.
The TCMB has responded quickly to a new wave of lira volatility ahead of local elections, forcing banks to borrow at the overnight rate of 25.5% instead of the 24.0% policy rate…
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DOI: 10.1108/OXAN-DB242769
ISSN: 2633-304X
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The statement implies that a return to economic orthodoxy is likely, following two years of unorthodox policies built around Erdogan’s preference for low interest rates. The…
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DOI: 10.1108/OXAN-DB279817
ISSN: 2633-304X
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After three difficult years, the United Arab Emirates (UAE) real estate market appears to be finding a floor, with several property consultancies and management firms cautiously…
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DOI: 10.1108/OXAN-DB238309
ISSN: 2633-304X
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The Ukraine war has had a damaging effect on the Egyptian economy, but the government has presented a budget for the 2022/23 (July-June) fiscal year that aims to trim the fiscal…