“Lira weakness, strained liquidity and depleted reserves will have effects on Turkey’s real economy – these will, in turn, loop back to further currency weakness. These shocks are heightened by Turkey’s generalized policy uncertainty – as measured by Turkey’s policy mentions in the media. For most countries, economic uncertainty is roughly constant with some outlier … Continue reading Turkey’s policies will continue to exacerbate lira weakness – By Ph. Papadavid