“The rise in the exchange rate will reveal structural vulnerabilities in the Turkish economy”
Deutsche Bank stated that they expect the Turkish lira to lose value unless there is any change in monetary policy,
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devaluation
Turkey cannot stop rise in dollar despite increase in interest rates
The US dollar, which has been steadily rising for three weeks, continues to rise against emerging market currencies with
Read MoreTurkey’s Deputy Prime Minister says “We did not expect so much depreciation in TL”
Regarding the rise of the US dollar against Turkish Lira, Deputy Prime Minister Mehmet SIMSEK said: “We had a 1.7
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Signals sent by Turkey’s economy and business world as snap elections approach
Turkey is a couple of steps away from the most vital elections in its history on 25 June 2018. Citizens
Read MoreTurkey: Central Bank declares fall in exchange reserves
The gross foreign exchange reserves of the Turkish Central Bank had dropped to $82.3 billion as of Oct. 21, the
Read MoreCentral Bank warns about a hike in inflation by the end of 2011
The Central Bank sells $6.45 billion out of its moderate reserves in daily auctions since Aug 5 to defend the
Read MoreTurkey: Economists say “Lira Game” dangerous
As the Central Bank keeps on putting high amounts of dollars in auction to support lira, former bank governor says
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