Turkey may finally raise rates as FX defenses run thin
JP Morgan now sees Ankara raising interest rates by 300 bps at its upcoming monetary policy committee meeting
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JP Morgan now sees Ankara raising interest rates by 300 bps at its upcoming monetary policy committee meeting
Plus: Hajj costs are on the rise
The move comes at a time when Turkey is making a run at the “safe haven” pitch that has long…
The US unilaterally pushed for the new budget, but how far its influence in Libya can go is yet to…
Plus: It’s interest rate week in the US
Borrowers will get debt relief for up to three months, whereas banks will have access to government-backed liquidity for up…
Many of these governments have stretched their monetary and fiscal policies thin due to successive crises
Turkey is turning to gold-for-currency swaps in a bid to rein in the incoming war-induced inflationary wave without resorting to…
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