Latest in Tag: Turkish lira Highlight
Latest in Tag: Turkish lira
Depreciation of Turkish lira forces Erdogan to seek regional truce
Turkish President’s policies are believed to play part in economic turmoil
Opinion| Erdogan’s policies and the collapse of Turkish lira
In fact, the ruling party in Ankara stands against the independence of the central bank’s decisions, and always seeks to reduce the interest rates on loans. On the one hand, the ruling party believes that lowering the interest rate on loans will attract more investment. On the other hand, in contrast, the central bank keeps its interest high to ensure the permanence of its profits and the profits of the banking sector. This difference of views turned into a clear hostility between the two sides.
Moody’s, Standard and Poor’s downgrade Turkey’s sovereign ratings
Turkish economy to sink into recession in 2019, S&P expects
Turkish Lira plummets with limited effects on Egyptian economy:Â analysts
Turkey modestly shares in Egyptian total exports with about 5%, says EFG-Hermes macroeconomic analysis
Erdogan warns of ‘economic war’ as Turkish lira carnage spooks global markets
The Turkish lira crash is threatening to turn into a debt and liquidity crisis with no end in sight. Instead of acting, the Turkish leadership has warned of an “economic war.”Turkey is in the throes of a full-blown currency crisis, with little sign that the government has a plan to deal with one of the …
