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HomeAnalysis-Turkey and its markets head for election crossroadsFILE PHOTO: Turkish President Tayyip Erdogan and Central Bank Governor

FILE PHOTO: Turkish President Tayyip Erdogan and Central Bank Governor

Despite the inflation problems, Erdogan’s desire for low interest rates have seen them cut from 19% to 9%, going directly against orthodox economic theory. REUTERS/Umit Bektas
FILE PHOTO: Explosion in central Istanbul’s Taksim area
FILE PHOTO: Illustration shows Turkish Lira banknotes
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