Turkey’s lira in freefall despite rate cut
On Dec. 8, Turkish President Recep Tayyip Erdogan, who faces re-election in 2023, said that Turkey "is the breakout star of the global economic system that is being restructured with the pandemic."
Erdogan shakes up foreign policy in response to economic crisis
Turkey's Central Bank rate cut hasn’t stopped the lira’s free fall, as Turkey announces an initiative for rapprochement with Armenia.
Access the Middle East news and analysis you can trust
Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.
