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Turkey On Map

Turkish Rate Hike Expectations

The Turkish Central Bank will need to hike interest rates today.   The question is by how much.  Currently, expectations from the market are very broad reflecting the high certaintly of the decision.  That is a result of restrictive factors such…

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Turkey Map

Turkish Dollarlization

Turkey has essentially embraced a dollarlization policy.  The reasons for this are both typical and unique.  Last week, the Turkey stock exchange was halted.  This event had a bit of a lag based on the sliding Turkish Lira and the…

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