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Assoc. Prof. Dr. Derya Hekim: If Oil Prices Fall to $80, the Central Bank of Turkey May Cut Interest Rates in October.
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High interest rates in global markets, pressure on oil prices, and geopolitical tensions continue to affect the Turkish economy. Speaking on the "Economy Desk" program broadcast on the Nasıl Bir Ekonomi TV YouTube channel, Associate Professor Derya Hekim from Uludağ University noted that despite the Central Bank of the Republic of Turkey's (TCMB) intention to cut interest rates, global conditions are restrictive, and warned that macro-prudential…
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