17 Jan 2020 BBVA CEO went to Turkey this week to meet with the Garanti BBVA team. starting to stabilize, and forecasts suggest a V-shaped recovery for 2020. same period in 2018, largely affected by the evolution of the Turkish lira. February 27 2020. Turkey Analysis. Erdogan's mission to defend lira unsettles investors Turkey sharply cuts interest rates on 'improving inflation outlook'.