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Category: Economy

Turkey has sold $44bn defending the lira this year, say bankers 21
No cause to party in Turkey with Q1 growth of 4.5% y/y overshadowed by “ominous” outlook for Q2 22
Erdogan’s Fourth Attempt to Take Over Turkey’s Largest Private Bank 25
Qatar offers Turkey relief by tripling FX swap line to $15 bln 26
Turkey blames 'foreign powers' for fresh currency woes 27
Coronavirus economic shocks could prove catalyst for Erdoğan's political decline 28
Turkey faces high bar to U.S. funding, former NY Fed chief says 29
Turkey ranks now third worldwide for bankruptcy 30
Turkey desperate for swap lines as recession looms 32
Turkey’s ban on banks seen as desperate move amid lira freefall 33