April 12, 2021


TURKEY: Multiple policy challenges from all directions

BY Wolfango Piccoli

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( 5 mins) A massive surge in daily coronavirus cases will force the government to tighten restrictions during the Muslim holy month of Ramadan (starting on 13 April). Meanwhile, Ankara’s almost exclusive reliance on the Sinovac vaccine is becoming a major liability due to supply and efficacy concerns. Markets expect the TCMB to maintain the key policy rate […]

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