Turkey Raises Rates Via Backdoor

The video discusses Turkey's economic challenges, focusing on alternative methods to rate hikes due to political opposition. It explains how policymakers are using backdoor rate hikes to support the economy and explores central bank actions to stabilize the collapsing currency. The video also analyzes external factors, such as rising US interest rates, impacting Turkey and other emerging markets.

What potential outcomes are analysts predicting regarding the Turkish lira?

What external factors are influencing Turkey's currency challenges?