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Turkey's growth surprisingly despite high rates

    The economic growth of Turkey remained resilient in 2Q, which is despite an interest rate rise of emergency aid by the Central Bank in March. The economy grew by 4.8%annually, compared to the median estimate of 4.1%. Selva Demiralp, professor of economics at Koç University, told Bloomberg's Horizons Midden -Oost and Africa Anker Joumanna Bercetche about the factors that stimulate this growth.