depreciation
- Business
Turkiye unveils fresh step to roll back FX-protected lira scheme
The interest rate on Turkish lira deposits safeguarded from foreign exchange depreciation can be below the central bank’s policy rate,…
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Turkiye’s Central Bank delivers larger-than-expected rate hike
Turkiye’s Central Bank hiked interest rates Thursday by 500 basis points, from 35% to 40%. The hike was larger-than-expected as…
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Turkiye’s gaming revenues nearly halved in 2022 due to lira decline
Massive depreciation of Turkish currency against the dollar leads to 48% decrease in total consumer revenue Consumer revenue of Turkiye’s…
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