Turkish economy is positioned to stage a modest recovery
Wednesday, September 30, 2015 10:59 PM UTC
The Turkish economy is positioned to stage a modest recovery growing at an annual average rate of 3.3% in 2015- 16, up from 2.9% in 2014. The Central Bank of the Republic of Turkey's (CBRT) recognizes that external economic and financial market conditions remain problematic given domestic economic and political challenges, concerns of slower growth in China, and prospects of monetary policy normalization in the US.
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