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Turkey extends FX-protected lira deposit scheme for a year

Turkey extended by a year a scheme it adopted in the throes of a 2021 currency crisis that protects lira deposits from depreciation against...

Speculation over possible Albayrak return sends lira tumbling

Turkey's lira tumbled on Thursday after a rally triggered by a shakeup of the economy team in November as the government again defended the...

Rating agencies warn Turkey it may need to hike rates: report

Ratings agencies warned Turkey on Friday that it will likely have to hike interest rates sooner or later as it runs out of options...

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