Erdogan Gets His Way as Turkish Loan Growth Soars

The video discusses Turkey's economic situation, focusing on interest rate cuts and their impact on consumer and business loans. It highlights the significant growth in loans and questions the sustainability of this growth. The central bank's easing policies and their effects on the Turkish lira are analyzed, along with potential risks such as US sanctions.

How has the Turkish lira reacted to the changes in interest rates according to the text?

What external factors could influence the Turkish economy and the lira's stability?