Turkish Cypriot Community : Coping with the Turkish Lira Depreciation Shock - A Macroeconomic Monitoring Note (English)

The Turkish lira (TL) has depreciated to an extent not seen since the 2001 crisis, reaching its lowest level in September 2018 (TL 6.37/US 1.00 dollar), losing 66 percent of its value against the US dollar since January 2018. This Regular Economic Report focuses on the likely impact of the depreciation on the Turkish Cypriot (TC) economy. Although the magnitude of the 2001 depreciation eventually turned out to be double the current depreciation, the...

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Author

Tsoungui Belinga,Vincent De Paul;

Aldaz-Carroll,Enrique;

Goga,Soraya;

Dillinger,William R.;
Document Date
2018/11/01
Document Type
Report
Report Number
153210
Volume No
1
Total Volume(s)
1
Country
Turkiye,
Region
Europe and Central Asia,
Disclosure Date
2020/09/23
Disclosure Status
Disclosed
Doc Name
Turkish Cypriot Community : Coping with the Turkish Lira Depreciation Shock - A Macroeconomic Monitoring Note
Keywords
inflation

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Tsoungui Belinga,Vincent De Paul; Aldaz-Carroll,Enrique; Goga,Soraya; Dillinger,William R..

Turkish Cypriot Community : Coping with the Turkish Lira Depreciation Shock - A Macroeconomic Monitoring Note (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/637121600844818359

Turkish Cypriot Community : Coping with the Turkish Lira Depreciation Shock - A Macroeconomic Monitoring Note (English)

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