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Turkish Lira

Turkish Lira
The rise of central bank digital currency

| Opinion
The world is changing, just as once visualized by the Lord of the Rings author …
  • Opinion

    The world is changing, just as once visualized by the Lord of the Rings author J.R.R. Tolkien. Financial systems, payment systems, and transfers are all going digital. Cash usage is in decline all over the world. As an additional (but totally new generation) payment choice, central bank digital currency (CBDC) is the future of money and payment systems.
  • Opinion

    The most common question on most minds nowadays would probably be the concern regarding how Türkiye is planning to bring inflation down and prop up the Turkish lira. Furthermore, why won’t policymakers raise interest rates like the U.S. Federal Reserve (Fed) or the European Central Bank (ECB)?
  • Opinion

    Just to recapitulate an essential point: Although the entire economic outlook is not dire, nominal variables are challenging in Türkiye. Nevertheless, unemployment, growth rate, industrial production, export and fiscal budget balances are usually positive.

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