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Turkey's Current Account Deficit Narrows
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Overview
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Turkey's current account deficit narrowed in 2022 due to policy reversals and aggressive interest-rate hikes aimed at cooling off domestic demand, reflecting an almost $1 trillion economy.
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How might Turkey's efforts to narrow its current account deficit impact its economic stability and international trade?
In what ways could Turkey's economic policies influence investor confidence and foreign investment in the country?
What implications does Turkey's economic policies have for other countries in the region and globally?
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