CBRT Deputy Governor Akçay: “Those Who Turned to FX for the Wrong Reasons Must Pay the Price” Summary: Central Bank of the Republic of Türkiye (CBRT) Deputy Governor Cevdet Akçay said policymakers must ensure that speculative shifts into foreign currency are penalized, arguing that otherwise inflation could have spiraled as high as 200%. He emphasized … Continue reading CBRT/Akçay: FX holding hands will burn