Stay updated with breaking news from Nevzat Devranoglu. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Turkey's latest massive interest rate hike has caught the attention of long-sceptical foreign investors who say they could return to Turkish assets if authorities continue to demonstrate that a... -Today at 12:46 pm- MarketScreener
By Nevzat Devranoglu and Karin Strohecker ANKARA/LONDON (Reuters) - Turkey's latest massive interest rate hike has caught the attention of long-scepti...
By Nevzat Devranoglu and Karin Strohecker ANKARA/LONDON (Reuters) - Turkey's latest massive interest rate hike has caught the attention of ...
Turks will get little reprieve from a soaring cost of living this summer as economists expect prices to jump by as much as 8.5% in August, underlining Ankara's challenge as it embarks on a painful path toward more orthodox policies. The sustained inflationary pressure, driven by a lira drop and tax hikes, comes as President Tayyip Erdogan's new finance minister and central bank chief orchestrate a policy U-turn including interest rate hikes that are expected to slow domestic demand. The monetary tightening - after years of aggressive rate cuts - is meant to cool inflation by mid-20...
Turkey's latest monetary and fiscal moves are steps in the right direction, though regaining credibility in economic policy remains a challenge, a European Bank for Reconstruction and Development ...