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Weak lira and government’s stimulus programme push prices higher, adding to strain on consumers
Locals seek shield from rising prices in equities while president Erdogan’s pivot to ‘rational’ policymaking lures foreign buyers
International investors are alert to signs that Erdoğan is finally addressing the country’s ills
Central bank has doubled interest rates in past two months but many economists say more must be done
Rönesans chief Erman Ilıcak tells FT he is ‘very optimistic’ about shift away from inflationary policies
Central bank raises 1-week repo rate by 2.5 percentage points to 17.5% but limited increase prompts concerns
Erdoğan seeks support for economy with trade and business deals and backing for earthquake reconstruction
President Recep Tayyip Erdoğan drums up business as he embarks on Gulf tour
Measure prompts concerns over higher inflation after increases in value added tax
Backing Sweden’s Nato bid is part of Ankara’s effort to ease tensions and unblock trade
Reconstruction cost of southern region hit by twin tremors in February could reach $100bn
Overseas buyers scoop up $1bn of equities following Erdoğan’s overhaul of economic team
Ambassadors appointed to each other’s capitals for first time in a decade after rupture over coup in Cairo
Drop in imports last month reflects sharp devaluation in lira, which hit record low against dollar on Monday
Greek leader Kyriakos Mitsotakis is set for a landslide win and a comeback as prime minister
Central bank calls move ‘first step’ towards a more conventional monetary policy
Fund managers concerned President Erdoğan will not allow unorthodox policies to be fully unwound
Also in today’s newsletter: the five-year trawl for an EU fish deal is about to end
New governor Hafize Gaye Erkan raises benchmark rate from 8.5% to 15%
Sharp increase in interest rates expected as new leadership seeks to pull $900bn economy away from brink
Hafize Gaye Erkan, the first woman to lead the institution, could raise interest rates to combat inflation
Currency undergoes biggest fall since late 2021 after finance minister’s pledge to restore ‘rational’ policies
If the country’s shift towards economic orthodoxy is real, credible steps need to be taken quickly
After a promising rejig, Recep Tayyip Erdoğan must loosen his grip on economic policy
Mehmet Şimşek signals intention to move away from unorthodox strategy that has fuelled crisis
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