https://www.bloomberg.com/news/articles/2021-12-21/erdogan-s-lira-rescue-is-a-hidden-rate-hike-with-fiscal-risks
Turkey’s emergency measures to bolster the volatile lira are in effect an interest rate hike in disguise, leaving the government budget more vulnerable to future currency shocks.
Erdogan’s Lira (TRY USD) Rescue Is a Hidden Interest Rate Hike With Fiscal Risks
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