TWF Prepares Eurobond Sale

Posted on 02/02/2024

Turkey’s economy has been struggling, with inflation at 64.8%. President Recep Tayyip Erdogan has been trying to control prices, but is failing currently. Finance Minister Mehmet Simsek warned “the fight against inflation will take some time. We are in a transition period. We will do whatever is necessary.” Even hiking rates to 25% did not…

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