Turkish lira stability could be short-lived

The stabilisation of the lira against the dollar belies Turkey’s negative real interest rates shock

You must be signed in to read this analysis

Sign in Sign up to our newsletter

In this article

  • Negative real rates bode ill for lira
  • TCMB running out of ammunition

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.