Categories Economy HIGHLIGHTS Economic Freedom Index: Turkey ranks 114th Güldem AtabayPosted on16 September, 2021 Fraser Institute released its “Economic Freedom of the World: 2021 Annual Report” yesterday (September 14). … Continue ReadingEconomic Freedom Index: Turkey ranks 114th
Categories Economy HIGHLIGHTS August central budget turn-out splendid Atilla YeşiladaPosted on15 September, 2021 Turkey’s August central budget reported a soaring TL 40.8 billion, or ca $5 bn, thanks … Continue ReadingAugust central budget turn-out splendid
Categories Economy HIGHLIGHTS Turkish central bank raised te reserve requirement ratio Güldem AtabayPosted on15 September, 2021 Turkey central bank raises reserve requirement ratios for foreign currency deposits by 200 basis points, … Continue ReadingTurkish central bank raised te reserve requirement ratio
Categories Economy HIGHLIGHTS Sustainable financing may be the transition Turkey needs Güldem AtabayPosted on14 September, 2021 The adverse effects of the pandemic coupled with the preceding currency and debt crisis have … Continue ReadingSustainable financing may be the transition Turkey needs
Categories Economy General HIGHLIGHTS Turkish Medical Suppliers Seek $770 Million From Government Güldem AtabayPosted on14 September, 2021 Turkish medical equipment suppliers are set to publicly rebuke the government over what they say … Continue ReadingTurkish Medical Suppliers Seek $770 Million From Government
Categories Economy Markets World Bank statistics reveal Iran’s GDP halved since 2017 Cem CetingucPosted on14 September, 202114 September, 2021 The latest World Bank’s updated statistics(link is external) indicates that Iran’s Gross Domestic Product (GDP), based on … Continue ReadingWorld Bank statistics reveal Iran’s GDP halved since 2017
Categories Economy HIGHLIGHTS Revision: Treasury raises USD2.25 bn going for a dual-tranche eurobond issue Güldem AtabayPosted on13 September, 202114 September, 2021 Turkish Treasury announced that as part of the 2021 external borrowing program, Ministry of Treasury … Continue ReadingRevision: Treasury raises USD2.25 bn going for a dual-tranche eurobond issue
Categories Economy HIGHLIGHTS Turkey’s current account deficit: How much lower at 2021 year-end? Güldem AtabayPosted on13 September, 2021 Turkey’s current account balance recorded USD 683 million deficit indicating a decrease of USD 1,306 … Continue ReadingTurkey’s current account deficit: How much lower at 2021 year-end?
Categories Economy HIGHLIGHTS Turkish industrial sector losing steam Güldem AtabayPosted on13 September, 202113 September, 2021 Turkey’s industrial production fell for the first time since April 2020 on a month-on-month basis. … Continue ReadingTurkish industrial sector losing steam
Categories Economy General +61K Turkish shop owners went bankrupt in 2021 Cem CetingucPosted on13 September, 2021 Main opposition Republican People’s Party (CHP) Vice Chair and Malatya MP Veli Ağbaba has criticized … Continue Reading+61K Turkish shop owners went bankrupt in 2021
Categories Economy HIGHLIGHTS Politics AzerNews: Turkey benefits from trade wars among China, U.S, EU Atilla YeşiladaPosted on11 September, 2021 Turkey’s export has benefited from the trade wars among China, the U.S. and the EU, … Continue ReadingAzerNews: Turkey benefits from trade wars among China, U.S, EU
Categories Economy HIGHLIGHTS Turkey’s New Economic Program Explained Atilla YeşiladaPosted on10 September, 2021 Turkey’s New Economic Program Explained What is the medium-term economic program? Why … Continue ReadingTurkey’s New Economic Program Explained
Categories Business Economy HIGHLIGHTS July payrolls: Employment growth continues despite volatility in labour market statistics Atilla YeşiladaPosted on10 September, 2021 Unemployment rate witnesses 1.4% points increase, as workforce participation rate increases this time TURKSTAT … Continue ReadingJuly payrolls: Employment growth continues despite volatility in labour market statistics
Categories Economy HIGHLIGHTS Politics Polls show opposition to Erdoğan, discontent with government Güldem AtabayPosted on8 September, 2021 Recent polling from research groups across the political spectrum in August showed that the Turkish … Continue ReadingPolls show opposition to Erdoğan, discontent with government
Categories Economy Finance HIGHLIGHTS Markets Turkey Central Bank Paves Way for Rate Cut With Guidance Shift Güldem AtabayPosted on8 September, 2021 The Turkish central bank shifted its policy focus to a core set of prices amid … Continue ReadingTurkey Central Bank Paves Way for Rate Cut With Guidance Shift
Categories Economy HIGHLIGHTS POLL-Turkey’s current account deficit seen at $570 mln in July Güldem AtabayPosted on8 September, 2021 Turkey’s current account is expected to record a relatively small deficit of $570 million in … Continue ReadingPOLL-Turkey’s current account deficit seen at $570 mln in July
Categories Economy Finance HIGHLIGHTS Turkish Banks Resist Calls to Curb Consumer Loans During Faceoff Güldem AtabayPosted on7 September, 2021 Turkish lenders are resisting demands from the banking regulator to curb growth in consumer credit, … Continue ReadingTurkish Banks Resist Calls to Curb Consumer Loans During Faceoff
Categories Company & Industry Economy Turkish Banks: Sector Monthly Data Cem CetingucPosted on7 September, 2021 Lower monthly ROE of 12% due to higher trading loss Turkish banking sector’s July net … Continue ReadingTurkish Banks: Sector Monthly Data
Categories Company & Industry Economy Deutsche Bank/TRY: carried away Cem CetingucPosted on7 September, 2021 Deutsche Bank closed its long position recommendation for dollar/TL, which it opened in May, after … Continue ReadingDeutsche Bank/TRY: carried away
Categories Economy HIGHLIGHTS Turkey: Headline CPI surprises to the upside; core remains more benign Cem CetingucPosted on7 September, 2021 For the second time in a row, headline surprised to the upside and core surprised … Continue ReadingTurkey: Headline CPI surprises to the upside; core remains more benign