Turkey: Sustaining the unsustainable
Akbank shakes off the bonds of history
Korfez changes ahead of tough times
The strength of the Turkish lira lies in its weakness. At T-bill auctions held twice-monthly the treasury gives whatever interest the market sees fit to ask for. And the central bank continually devalues the lira just below the rate of inflation to prevent the dollar from becoming an attractive investment alternative to the lira.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
