Currently there is no description available for Harun Ozturkler.
“The assumptions in this new 'model,' if we can call it that, are wrong. They are assuming lowering interest rates would lead to high exchange rates, and the Turkish lira would devalue, depreciate, and then Turkish goods and services will become cheaper in terms of our trade partners' currency. Erdogan is assuming that the subsequent boost to Turkish exports would eventually lead to the lira recovering its value. But that's a strange relationship. It does not work that way.”
03 Dec 2021
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