Turkey Tightens Lira Liquidity to Bolster Economic Stability

In a significant move aimed at stabilizing its economy and supporting its monetary policy objectives, Turkey has announced a reduction in the liquidity of its national currency, the lira. This decision follows a turbulent period characterized by soaring inflation rates and a rapidly depreciating currency, factors that have raised concerns among both domestic and international observers about the long-term sustainability of Turkey’s financial health.

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