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Inflationary pressures fuelled by fall in lira mean president’s move will do little to support households, analysts say
Under-pressure currency climbs in response but analysts say move is further step towards capital controls
Little reprieve for currency after government pledges to tackle ‘topics on our economic agenda’
Currency has shed 22% this year and analysts warn fall is ‘likely to continue’ without rate rises
President Erdoğan’s unorthodox strategy for managing the country’s economy continues to backfire
Bankers say they are facing calls to limit foreign currency sales to corporates
Turkey’s role as a safe haven for critical media in the Arab world is under threat as president seeks rapprochement
Ankara blames surge on pandemic and Ukraine war as opposition politicians warn prices are out of control
Discontent grows about state of economy as lira tumbles
Diverse alliance promises to overhaul institutions and restore rule of law after years of backsliding
President faces election next year as public anger grows over cost of energy, food and other basic needs
President is backing unorthodox measures to stabilise the currency but analysts are sceptical
Rating agency says Erdogan’s flagship savings scheme will not ‘sustainably ease’ macroeconomic and financial stability risks
Country has avoided the implosion some predicted with every round of currency depreciation
Ankara hopes to convert about $25bn of the hidden metal into the currency in latest scheme
Economic woes boost hopes for Turkey’s opposition to oust the country’s long-serving strongman president
Deal risks angering Moscow which had warned against supplying more arms to Kyiv
Global price pressures combined with the president’s unorthodox economic management fuel a surge in prices.
Sait Erdal Dincer lasts just 10 months in the role amid reports of friction over direction of policy
Savings programme has helped slow selling in the currency, but analysts remain sceptical
Carmakers among those to suffer as government imposes energy restrictions on manufacturing plants
Erdogan plans crackdown as lira turmoil encourages speculation in digital assets
Swap agreement worth $5bn is the latest sign of warming relations between one-time foes
Scale of intervention adds to concern over country’s dwindling foreign currency reserves
Consumer price index climbs 36% year on year in December
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