Turkish lira price bounces after Erdogan’s pledge on savings

Correspondent Mitra Nazar:

“In pro-government media, this recovery is described as a victory for Erdogan. The hope is that citizens will no longer buy dollars and euros en masse. But the question is how long this recovery can last. And how the markets in the coming days “And weeks are going to respond. Because Erdogan still clings to his idea that interest rates should remain low. Economists are in the dark, now even more so, about what Erdogan’s plans really are.”