According to official government reports, Turks are now suffering from 54.4% year-over-year (YoY) inflation, the highest in 20 years. The purchasing power of the lira is tragically vanishing right ...

When Naci Ağbal, head of the Turkish central bank, hiked interest rates on March 18, markets responded with kindness. The value of the Turkish lira shot up by four percent. Within just four months in ...