The Turkish lira has weakened from TL3.7/$1 in January to TL6.99 in August, before recovering to TL5.99 this week. The weakness in the currency led to a brutal rise in inflation and sent the country into a recession.
“The Brunson sanctions really triggered this recession,” said an emerging ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.