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Turkey’s economy is expected to see a double-digit growth rate in the second quarter of this year, the country’s Finance minister Lutfi Elvan said in a televised NTV interview on Monday.

Additional quotes

“Growth in Q1 2021 was around 5%.”

“Expect double-digit growth in Q2.”

“The fight against inflation, which rose above 16% last month, was a priority.”

USD/TRY attempts a recovery  

USD/TRY has erased losses to now trade flat around 8.0550, shrugging off the ongoing sell-off in the US dollar across the board.