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Analysis on Turkey from S&P Global Ratings: Household Confidence in the Turkish Lira Remained Resilient
According to the analysis by S&P Global Ratings, the resilient confidence of households in the Turkish lira and the decrease in foreign currency demand enabled the CBRT to rebuild its foreign exchange reserves.
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Economy
Citi's Turkish Lira Assessment: Expectation of Interest Rate Cut from CBRT
Luis Costa, Head of Citi Emerging Markets Strategy, stated that they expect an interest rate cut of 50 to 100 basis points from the CBRT, maintaining their positive view on the Turkish lira in the short term, while noting that the sustainability of the exchange rate policy in the medium and long term raises questions.
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Economy











