Turkey Raises Interest Rate Cuts Amid Wage Hike: Navigating a Tightrope Walk
Understanding the Financial Backdrop The Challenges Turkey Faces The financial panorama of Turkey has, of late, introduced a fancy and difficult image. Hovering inflation, a persistent depreciation of the Turkish Lira, and the reverberations of world financial uncertainty have created a risky atmosphere. Towards this backdrop, the Central Financial institution of the Republic of Turkey…