Categories Emerging Markets Finance Nikkei: Coronavirus triggers dollar drain in big emerging markets Atilla YeşiladaPosted on29 June, 202030 June, 2020 The global coronavirus pandemic threatens to send capital fleeing from emerging economies, as falling exports … Continue ReadingNikkei: Coronavirus triggers dollar drain in big emerging markets
Categories Economy Emerging Markets Finance Albayrak believes in V shaped recovery urging banks to lend more Editor P.A.Posted on23 June, 202025 June, 2020 Addressing the general assembly of the Banks Association of Turkey in Istanbul, treasury and finance … Continue ReadingAlbayrak believes in V shaped recovery urging banks to lend more
Categories Economy Emerging Markets Finance This week’s meeting: Turkey’s monetary easing almost coming to an end Güldem AtabayPosted on22 June, 202023 June, 2020 Turkey’s central bank will have its Monetary Policy meeting this week; on Thursday. Without any … Continue ReadingThis week’s meeting: Turkey’s monetary easing almost coming to an end
Categories Finance General Turkey loses FDI, too, after massive financial outflows Atilla YeşiladaPosted on19 June, 202022 June, 2020 Foreign direct investment to Turkey decreased by 35 percent; as 2.8 billion dollars foreign investment … Continue ReadingTurkey loses FDI, too, after massive financial outflows
Categories Business Finance ING Research: Euroclear: A possible turning point for Turkey Atilla YeşiladaPosted on19 June, 202022 June, 2020 International investors could soon get access to Turkey’s debt market after a deal between Brussel’s … Continue ReadingING Research: Euroclear: A possible turning point for Turkey
Categories Economy Emerging Markets Finance Turkey’s central bank: priority on production and government finances Editor P.A.Posted on16 June, 202018 June, 2020 The central bank of Turkey governor Uysal in his speech at the 12th International Conference … Continue ReadingTurkey’s central bank: priority on production and government finances
Categories Economy Emerging Markets Finance Turkey’s dismal fiscal performance that began long before COVID-19 Editor P.A.Posted on15 June, 202017 June, 2020 What goes around comes around to Turkey as well in terms of a rapidly widening … Continue ReadingTurkey’s dismal fiscal performance that began long before COVID-19
Categories Finance General Turkey must win trust ‘to secure foreign funds’, says Ali Babacan Atilla YeşiladaPosted on15 June, 202017 June, 2020 Erdogan’s former economy czar Ali Babacan, founded his own party, called the DEVA Party, which … Continue ReadingTurkey must win trust ‘to secure foreign funds’, says Ali Babacan
Categories Finance Government debt held by Turkey’s central bank exceeds 10% of its assets Atilla YeşiladaPosted on14 June, 202015 June, 2020 Turkey’s Central Bank has become addicted to QE, rapidly expanding the money base by purchasing … Continue ReadingGovernment debt held by Turkey’s central bank exceeds 10% of its assets
Categories Company & Industry Emerging Markets Finance Markets Turkey reaches deal with Euroclear for wider foreign access to local bond market Editor P.A.Posted on9 June, 202011 June, 2020 Turkey’s Treasury and Finance Ministry announced on Tuesday that it had reached a deal with … Continue ReadingTurkey reaches deal with Euroclear for wider foreign access to local bond market
Categories Finance Turkey addicted to money printing Atilla YeşiladaPosted on9 June, 202011 June, 2020 “When in Rome, do as Romans do” is an old adage, which nowadays applies to … Continue ReadingTurkey addicted to money printing
Categories Finance Turkey’s quest for SWAPs ongoing Atilla YeşiladaPosted on6 June, 20206 June, 2020 The liquidity problems experienced in Turkey, along with the economic cost of the pandemic, compelled … Continue ReadingTurkey’s quest for SWAPs ongoing
Categories Emerging Markets Finance IIF: Capital flows to emerging markets down 78% in May amid pandemic Atilla YeşiladaPosted on2 June, 20202 June, 2020 Capital flows to emerging markets securities fell 78 per cent in May despite efforts to … Continue ReadingIIF: Capital flows to emerging markets down 78% in May amid pandemic
Categories Finance Turkey sold $44 bln reserves to boost lira this year – bankers, data Atilla YeşiladaPosted on30 May, 202030 May, 2020 Cover Chart: Central Bank net FX reserves br Dr Ali Orhan Yalcinkaya LONDON, May 29 … Continue ReadingTurkey sold $44 bln reserves to boost lira this year – bankers, data
Categories Economy Emerging Markets Finance April trade data awful; export recovery will be painful Güldem AtabayPosted on29 May, 20202 June, 2020 As per the official data in April, Turkey’s exports and imports decreased by 41.4% and … Continue ReadingApril trade data awful; export recovery will be painful
Categories Finance Central Bank increases swap borrowing, FX reserves drop further Atilla YeşiladaPosted on29 May, 202030 May, 2020 Cover chart: FX deposits in banks vs dollar/TL According to latest data, the FX reserves … Continue ReadingCentral Bank increases swap borrowing, FX reserves drop further
Categories Emerging Markets Finance A warning for Turkey: EM’s hidden debt risk Atilla YeşiladaPosted on23 May, 202023 May, 2020 This article penned by MITALI DAS, ŞEBNEM KALEMLI-ÖZCAN, DAMIEN PUY and LILIANA VARELA and published … Continue ReadingA warning for Turkey: EM’s hidden debt risk
Categories Economy Emerging Markets Finance Markets Surprise: the rate cut comes just as the amount expected Editor P.A.Posted on21 May, 202023 May, 2020 For the straight ninth time in a row the central bank of Turkey (CBT) cut … Continue ReadingSurprise: the rate cut comes just as the amount expected
Categories Emerging Markets Finance Markets Ash: Qatari support ‘will not have major impact on Turkish lira’ Editor P.A.Posted on21 May, 202021 May, 2020 Turkey tripled its currency swap agreement with Qatar to $15 billion on the basis of … Continue ReadingAsh: Qatari support ‘will not have major impact on Turkish lira’
Categories Economy Finance Fitch affirms 6 Large Turkish banks at ‘B+’; downgrades Halk to ‘B’ Editor P.A.Posted on21 May, 202029 May, 2020 Fitch Ratings has taken multiple rating actions on seven Turkish banks. It has revised the … Continue ReadingFitch affirms 6 Large Turkish banks at ‘B+’; downgrades Halk to ‘B’