Turkey: The Turkish Economy Explained
Last Updated: 19 March 2019
Article by Seray Özsoy
Historically, Turkey's geographical position has been considered an ideal trading hub by also facilitating access to Europe, Asia, the Middle East and Russia. After decades of remarkable economic performance, the Turkish economy slowed down during 2018—and the lira fell by almost a third against the dollar. Despite this, international investors are now seeing the real value in Turkey— precisely because of the newly depreciated lira.
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