TURKEY: INCONSISTENT ECONOMIC POLICY AMID COVID-19 RESURGENCE DRIVES FRESH UNCERTAINTY

   Tue, 27 April 2021

Turkey's economic policy is again at a crossroads, with currency volatility reaching a record high on concern about central bank reserves, foreign borrowing needs, and a surge in coronavirus cases that imperils tourism revenue. The leadership’s unorthodox economic policies have long fuelled unease among investors, who have pulled money out of Turkey in recent years over concerns about Turkey’s stability.