Categories Economy Emerging Markets Finance Markets Politics Bloomberg: Emboldened by a stronger lira, Turkey is set to cut rates again Editor P.A.Posted on20 May, 202021 May, 2020 Little stands in the way of the Turkish central bank’s ninth straight interest-rate cut after … Continue ReadingBloomberg: Emboldened by a stronger lira, Turkey is set to cut rates again
Categories Economy Emerging Markets General Turkey consumer confidence rises from record low; though reflects ongoing pain Editor P.A.Posted on20 May, 202021 May, 2020 Consumer confidence in Turkey rose from a record low in May as households became more … Continue ReadingTurkey consumer confidence rises from record low; though reflects ongoing pain
Categories Economy Turkish Economy: The Rot Started Before The Disease Editor P.A.Posted on20 May, 202029 May, 2020 Turkish Economy never truly recovered rom the 2016 coup attempt. It was followed by an … Continue ReadingTurkish Economy: The Rot Started Before The Disease
Categories Economy Soaring budget deficits: Is corona the only culprit? Editor P.A.Posted on20 May, 202021 May, 2020 Should we link the increase in the budget deficit only to the coronavirus? After the … Continue ReadingSoaring budget deficits: Is corona the only culprit?
Categories Economy Emerging Markets Finance Markets Turkey exempts Euroclear, Clearstream from lira limitations Editor P.A.Posted on20 May, 202021 May, 2020 Turkey’s banking regulator said on Wednesday it would exempt Euroclear Bank and Clearstream Banking from … Continue ReadingTurkey exempts Euroclear, Clearstream from lira limitations
Categories Economy Emerging Markets General Turkey imposes additional import tariffs on more than 800 items Editor P.A.Posted on20 May, 202021 May, 2020 Turkey has imposed an additional tariff of up to 30% on imports of more than … Continue ReadingTurkey imposes additional import tariffs on more than 800 items
Categories Economy Emerging Markets Markets Politics Turkey: Good old Qatar comes to the rescue Editor P.A.Posted on20 May, 202021 May, 2020 Turkey and Qatar tripled the limit on currency swap agreement to $15 billion equivalent of … Continue ReadingTurkey: Good old Qatar comes to the rescue
Categories Economy Emerging Markets Finance Markets Politics Swap deal “secured with BoJ and BoE” denied; talks continue Editor P.A.Posted on20 May, 202021 May, 2020 Turkish lira rallied on Habertürk news on Turesday that Turkey was very close to securing … Continue ReadingSwap deal “secured with BoJ and BoE” denied; talks continue
Categories Economy Emerging Markets Markets ING: More rate cuts to come in Turkey… Editor P.A.Posted on20 May, 202021 May, 2020 The Central Bank of Turkey extended its easing cycle with an eighth cut last month, reducing the policy rate … Continue ReadingING: More rate cuts to come in Turkey…
Categories Economy General Goldman Sachs: Brazil, Turkey vulnerable to local debt splurge Editor P.A.Posted on18 May, 202021 May, 2020 Brazil, Turkey and some frontier markets face the biggest risk from a possible surge in … Continue ReadingGoldman Sachs: Brazil, Turkey vulnerable to local debt splurge
Categories Economy Markets Politics Boomerang: BNP Paribas shrinking its TL market operations Editor P.A.Posted on18 May, 202021 May, 2020 BNP Paribas SA is shrinking its operations in the Turkish lira market following a regulatory … Continue ReadingBoomerang: BNP Paribas shrinking its TL market operations
Categories Economy Emerging Markets Turkish tourist hot spots are facing heavy losses Editor P.A.Posted on18 May, 202021 May, 2020 A few months ago Fatih Oztarakci was working flat out hosting wedding parties on his … Continue ReadingTurkish tourist hot spots are facing heavy losses
Categories Economy Emerging Markets Finance Markets Turkey: out in the cold Editor P.A.Posted on18 May, 202021 May, 2020 The broadest-ever effort to pump dollars into the global economy has bypassed some major emerging … Continue ReadingTurkey: out in the cold
Categories Economy BBVA Big Data Analysis: A sharp contraction started in March Editor P.A.Posted on16 May, 202021 May, 2020 BBVA Turkey, formerly Garanti Bank Research Team is one of the few institutions in Turkey … Continue ReadingBBVA Big Data Analysis: A sharp contraction started in March
Categories Economy Emerging Markets Politics Turkey April budget: Oh my, oh my! Editor P.A.Posted on15 May, 202021 May, 2020 The Turkish government posted one of its widest monthly budget deficits as of April 2020. … Continue ReadingTurkey April budget: Oh my, oh my!
Categories Economy Politics Turkey’s quest for a swap deal Editor P.A.Posted on15 May, 202021 May, 2020 As per a Reuters news today, Turkey’s government has appealed to foreign allies in an … Continue ReadingTurkey’s quest for a swap deal
Categories Economy Impact of pandemic over balance of payments Editor P.A.Posted on15 May, 202021 May, 2020 Monthly current account balance generates deficit… According to the balance of payments data published by … Continue ReadingImpact of pandemic over balance of payments
Categories Economy Money keeps fleeing Turkey Editor P.A.Posted on15 May, 202021 May, 2020 As per the most recent central bank data, foreign investors’ total stock of Turkish government … Continue ReadingMoney keeps fleeing Turkey
Categories Economy Emerging Markets Finance Markets Turkey’s March current account: Pressures on lira not likely to ease Editor P.A.Posted on13 May, 202021 May, 2020 Turkey posted USD4.9bn current account deficit in March 2020 that stands at the upper end … Continue ReadingTurkey’s March current account: Pressures on lira not likely to ease
Categories Economy Turkey leads the world in tobacco tax burden Editor P.A.Posted on13 May, 202021 May, 2020 According to the President’s decision published in the Official Gazette, the minimum fixed tax amount … Continue ReadingTurkey leads the world in tobacco tax burden
