Is the Turkish Lira dawn near?!
6/3The announced Turkey5monthCPI(Consumer Price Index)year-over-year+75.45%has shown a sharp rise, but the Central Bank of the Republic of Turkey(hereafter, the Turkish Central Bank)is confident that current inflation has peaked and will fall to annual rate38%by year-end, signaling a cooling of inflation. This situation could have a significant impact on future monetary and exchange-rate policies by the Turkish Central Bank, and this article explains those implications.
× ![]()