Turkey has increased its base interest rates by a whopping 6.5%, the clearest indication yet that the unconventional economic policy dubbed “Erdonomics” might be history now in Recep Tayyip Erdogan’s new government. Turkey’s central bank delivered...
The Turkish lira has plumbed new depths after the reelection of President Recep Tayyip Erdogan, and inflation remains stubbornly high. Will the Turkish ruler change his unorthodox economic policies now? Since Recep Tayyip Erdogan first came to...
This financial system is the backbone of any economy because the efficiency with which the financial system works from lending to investing, plays a very important role in the economic development of a nation. Climate...
As President Recep Tayyip Erdogan has refused to allow interest rate rises, Turkey steps toward capital controls to support its national currency, the lira. Analysts say an economic slowdown may be on the way. Turkey,...
States with a currency of their own can never run out of money. That’s a core thesis of the Modern Monetary Theory which spilled over to Europe from the US. German economist Dirk Ehnts elaborates...
In mid-March this year RBI announced a liquidity injection tool in the shape of forex swap. The unusual step was taken to ease the right overnight liquidity in the economy. It’s well known that OMO...
For years on end, Turkey has been able to log astonishing growth rates. But economists are now sounding the alarm bells, saying that political uncertainties are not the only cause for concern in the coming...
Many observers continue to tout Italian risks as the greatest in the euro area into the year end. The constitutional referendum that would emasculate the Senate, and end the perfect bicameralism that has contributed to...
BoJ surprised the market by taking an easing action on January 29. It was a bold move, introducing a negative central bank policy rate for the first time in Japan’s history. From February onward, the...
For at least a couple of years before the Great Financial Crisis, policymakers often cautioned that investors were mispricing risk. Through the crisis, investors became painfully aware of many risks, including counterparty risk and reputation...
The Reserve Bank of India (RBI) is issuing CPI linked Inflation Indexed National Saving Securities – Cumulative (IINSS-C) between 23rd December 2013 and 30th December 2013 for investment by retail investors. This instrument which will...
Inflation is one criterion which is closely monitored by Central Bank for its Monetary Policy and also by individuals to match their returns to be above the Inflation rate. In this Decoding Series, we decode the...