Guidance

What to Expect From Turkey's Nov. 19 Central Bank Monetary Policy Meeting

Michael Monderer
Senior Analyst for Global Economics, Stratfor
Nov 18, 2020 | 17:20 GMT
A currency exchange shop on Nov. 9, 2020, in Istanbul.

(Burak Kara/Getty Images)

A currency exchange shop on Nov. 9, 2020, in Istanbul.

Turkey's efforts to reverse a long-term currency depreciation and mitigate a nascent financial crisis face a critical test Nov. 19, when the Monetary Policy Committee of the Central Bank of Turkey decides whether to reverse course and raise interest rates dramatically....

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