CAUSE
One question. One truth.
“Why is Turkey's economy struggling?”
Turkey's economy is struggling primarily due to the Central Bank's persistent low interest rate policy despite high inflation, which has undermined investor confidence and led to a sharp depreciation of the Turkish lira.
Medium confidenceStructural
CURRENT STATE
This policy has caused inflation to soar, eroding purchasing power and increasing the cost of imports. The currency depreciation has raised foreign debt burdens and triggered capital flight, worsening economic instability.
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