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
Categories Economy Finance Markets Turkish Wealth Fund to inject USD3 bn capital to state banks Editor P.A.Posted on11 May, 202021 May, 2020 Turkey’s sovereign wealth fund said on Monday that it launched works on increasing three state … Continue ReadingTurkish Wealth Fund to inject USD3 bn capital to state banks
Categories Economy Turkish unemployment flat in February, but set to rise Editor P.A.Posted on11 May, 202021 May, 2020 Turkey’s official stats agency Turkstat reported on Monday that “the number of unemployed persons aged … Continue ReadingTurkish unemployment flat in February, but set to rise
Categories Economy General February’s curious drop in unemployment to 13.6%; dynamics foretell the corona period Editor P.A.Posted on11 May, 202021 May, 2020 Turkey’s February (Jan-March 2020 average) unemployment rate showed 1.1 percentage points drop to 13.6% with … Continue ReadingFebruary’s curious drop in unemployment to 13.6%; dynamics foretell the corona period
Categories Company & Industry Economy Finance Markets Swap ban on three banks lifted; lira under focus still Editor P.A.Posted on11 May, 202021 May, 2020 Turkey reversed its recently placed ban on BNP Paribas SA, Citigroup Inc. and UBS Group … Continue ReadingSwap ban on three banks lifted; lira under focus still
Categories Economy Turkey’s Great Depression started in April Editor P.A.Posted on8 May, 202021 May, 2020 April survey data portrays an economic landscape that has become a wasteland. However, this is … Continue ReadingTurkey’s Great Depression started in April
