What's the greatest risk to Turkey's economy?
Regional and domestic volatility is threatening Turkey’s finances while the country’s political and financial uncertainties worry global investors.
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Any one of the following problems would ring alarm bells for an emerging market: a slowing economy, rising inflation, distrustful citizens exchanging local currency deposits for dollars whenever possible, a rising tide of violence scaring away foreign tourists and hurting hard currency reserves and concerned foreign investors eyeing the exit because of a bearish stock exchange and a possible hike in interest rates by the US Federal Reserve.
Not content with just one, Turkey is facing all of those headaches and more.