[USD 75 billion in hot money pours into Turkish policymakers in a dilemma] On September 2, a large amount of money poured into Turkish lira assets, putting policymakers in a dilemma: It is necessary to curb speculative short-term capital inflows without cutting off important sources of financial support for the local currency. Türkiye's 37% benchmark interest rate has attracted foreign investment, and an estimated US$75 billion has flowed into high-yield currency derivatives and money market funds. The government is considering taxing money market fund earnings to prevent rapid outflows of funds and avoid violent exchange rate fluctuations. This tax will affect both domestic and foreign institutional investors.