Strait Talk

Will Currency Swaps Boost the Turkish Currency?


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Turkey is in talks with at least four countries to secure currency swap agreements as it aims to provide boost to the lira. The lira has fallen steadily despite registering a 6.7 percent economic growth the first quarter of 2021. The country agreed with China earlier this month to increase their existing currency swap arrangement from $2.6 billion to $6 billion. So how will these measures help the economy and boost the lira?
Guests:
Einar Tangen
Political and Economic Affairs Commentator
Ozan Ozkural
CEO of Tanto Capital Partners
...more
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