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Turkey gets second S&P credit rating upgrade this year as government actions stabilise economy | The National

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People at the Tahtakale Bazaar in Istanbul. Turkey’s central bank remains optimistic on its inflation targets in the longer term, projecting 38 per cent by the end of the year and 14 per cent in 2025, before falling further to 9 per cent by the end of 2026. EPA

People at the Tahtakale Bazaar in Istanbul. Turkey’s central bank remains optimistic on its inflation targets in the longer term, projecting 38 per cent by the end of the year and 14 per cent in 2025,Show more

Central bank’s conservative monetary stance has helped steady the lira and bring down inflation

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