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Concluding its Article 4 consultations, the International Monetary Fund called on Türkiye to continue tight, data-driven monetary policy until inflation moves closer to target.
The policy shift has reduced economic imbalances and restored confidence, the International Monetary Fund said on Saturday, adding that improving market sentiment led domestic and foreign investors to shift to lira-denominated assets.
The IMF said in a statement containing the Executive Board’s assessment of Türkiye’s economic policy that the central bank needs to ensure that the deflationary path remains on track.
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