Economics
Erdogan Says Turkish Interest Rates Will Fall ‘Markedly’ Until Elections
- Turkish president says ‘no return’ from new economic policies
- Lira bears the brunt of Erdogan’s pivot, seeing record lows
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Turkey’s interest rates will continue to fall, President Recep Tayyip Erdogan said, making a case for an economy freed from dependence on short-term foreign cash and transformed into one that thrives on local production and exports.