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Expert briefing
Publication date: 14 June 2018

From a rate of 39,000 to the dollar in December 2017, the rial devalued to around 65,000 in April 2018. There was a sharp spike to 75,000 after US President Donald Trump announced…

Expert briefing
Publication date: 6 January 2015

Prospects for market trends in 2015.

Expert briefing
Publication date: 26 March 2019

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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