Why does the Turkish Government keep decreasing the interest rates ?
I'm a Turkish high-school senior, and to be honest I'm scared what's waiting for me in the next few years. The reason I'm asking this question on this forum, is that because most of you are well-educated and have knowledge about finance/economics more than any people I can personally reach out to.
Turkish Lira lost it's value more than %70 in 5 years, and %90 in 14 years. The professors I've been following online, and the many foreign sources I've been reading online states that in a sitution like this government should increase the interest rates, but our government keep decreasing the interest rates with the purpose of attracting investors, which in my opinion will not happen with the current human rights issues that is happening in our country.
I would be glad if some of you can share your outsider perspective and thoughts on the policy of Turkish Government.
Hey flatbreadwithabs, I think you deserve a response...heck, everyone does. We're listening, sorry about the delay ...my best guess at places on WSO that could help:
More suggestions...
Hope that helps.
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