Posts Tagged Depreciation
Inflation Risk Rises As Lira Falters

Inflation Risk Rises As Lira Falters

There is substantial uncertainty stemming from several factors pressuring the core indicators, both to the upside and downside. On one hand, we have slowing economic activity with faster than expected rise in unemployment is easing inflationary pressures. On the other hand, TRY depreciating trend which has steepened recently is expected to keep on...

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