Bosphorus Bridge Over Troubled Water: What’s Next for Turkey’s FX Industry?

[kreslik.news]

The current leader of Turkey, President Recep Tayyip Erdoğan, entered major league politics in 2003 when he became the prime minister. In 2001, he established the Justice and Development Party (AKP). During the period when the AKP was in power Turkey experienced strong economic growth. From 2003 to 2016 GDP growth was negative only once – in 2009, as a result of the world financial crisis.

In 2010, GDP growth was close to 9.2% and in 2011 it was almost 8.8%. The country has managed to stay on the path of rapid economic expansion even though in recent years growth has ... (read more)