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Turkey: five key questions (and answers)

This Update answers some of the most common questions that we have received from clients during Turkey’s recent turmoil. In short, the economic fallout doesn’t look like it will be as bad as it was after the 2018 crisis. However, policymakers look less willing to take action to shore up the currency and, as a result, the introduction of some form of capital controls appears to be a bigger risk.

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