Categories Economy HIGHLIGHTS A rare piece of good news: Turkey’s current account deficit shrinks to 1% of GDP Atilla YeşiladaPosted on13 October, 2024 While Mehmet Simsek’s economic stabilization program is yet to achieve any significant progress in terms … Continue ReadingA rare piece of good news: Turkey’s current account deficit shrinks to 1% of GDP
Categories Economy HIGHLIGHTS May current account deficit less than expected, Minister Simsek declares the deficit eases to be a problem Güldem AtabayPosted on12 July, 2024 Monthly current account deficit was announced as 1.235 billion USD in May. In the Reuters … Continue ReadingMay current account deficit less than expected, Minister Simsek declares the deficit eases to be a problem
Categories Economy Is Bank Research: Massive improvement in January current account deficit, more to come.. Atilla YeşiladaPosted on12 March, 2024 Current account deficit became 2.6 billion USD in January. Current account posted a deficit of … Continue ReadingIs Bank Research: Massive improvement in January current account deficit, more to come..
Categories Economy HIGHLIGHTS ANALYSIS: September current account in surplus, but what about the winter? Atilla YeşiladaPosted on14 November, 2023 There was a swift decline in 12-month rolling C/A deficit in September… In September, there … Continue ReadingANALYSIS: September current account in surplus, but what about the winter?
Categories Economy HIGHLIGHTS ANALYSIS: Turkey’s current account deficit widens in July Atilla YeşiladaPosted on12 September, 2023 After some relief in June with a surplus of $0.7 billion, Turkey’s current account dove … Continue ReadingANALYSIS: Turkey’s current account deficit widens in July
Categories Economy HIGHLIGHTS Current account deficits projected to decline in autumn Atilla YeşiladaPosted on14 August, 2023 Improvement in C/A balance in June… In June, there was a C/A surplus of USD674 … Continue ReadingCurrent account deficits projected to decline in autumn
Categories Economy HIGHLIGHTS January external deficit soars to $10 bn, financing concerns mount Atilla YeşiladaPosted on14 March, 2023 Turkey has posted a record high current account deficit, underscoring the challenge facing President Recep … Continue ReadingJanuary external deficit soars to $10 bn, financing concerns mount
Categories Economy HIGHLIGHTS ING: Despite revisions to current account deficit is still widening Atilla YeşiladaPosted on11 November, 2022 Despite large revisions to the balance of payments data, which significantly raised tourism revenues, the … Continue ReadingING: Despite revisions to current account deficit is still widening
Categories Economy HIGHLIGHTS Is Bank Research July BoP analysis: Unidentified inflows pay for huge deficits Atilla YeşiladaPosted on12 September, 2022 In July, current account deficit was 4 billion USD In July, current account deficit expanded … Continue ReadingIs Bank Research July BoP analysis: Unidentified inflows pay for huge deficits
Categories Economy HIGHLIGHTS C/A deficit rises to UDS33bn in June, may reach USD50bn by end-22 Atilla YeşiladaPosted on12 August, 2022 Turkey’s external deficits are becoming unsustainable … Read More >C/A deficit rises to UDS33bn in June, may reach USD50bn by end-22
Categories Finance HYPED Markets Bloomberg: Turkey Bond-Guarantee Plan Leaves Foreign Investors Underwhelmed Atilla YeşiladaPosted on10 May, 2022 The Turkish central bank’s plan to attract hard-currency inflows is getting negative reviews from some … Continue ReadingBloomberg: Turkey Bond-Guarantee Plan Leaves Foreign Investors Underwhelmed
Categories Economy HIGHLIGHTS December current account deficit augurs ill for the New Economy Plan Atilla YeşiladaPosted on12 February, 2022 Turkey’s current account recorded a deficit of US$3.8bn in December, which is up from the … Continue ReadingDecember current account deficit augurs ill for the New Economy Plan
Categories Business Economy Finance HIGHLIGHTS BREAKING: As lira swings, some foreign banks review or scale back Turkey exposure – sources Atilla YeşiladaPosted on21 December, 202121 December, 2021 Reuters just published the following new item on Turkey, which we replicate here in summary … Continue ReadingBREAKING: As lira swings, some foreign banks review or scale back Turkey exposure – sources
Categories Emerging Markets HIGHLIGHTS Fitch sees Fed tapering in early 2022, warns on fragile emerging markets Atilla YeşiladaPosted on19 March, 2021 (Reuters) – Ratings agency Fitch expects the Federal Reserve to dial back its COVID-19-related economic … Continue ReadingFitch sees Fed tapering in early 2022, warns on fragile emerging markets
Categories Business Tourism: A high-stakes summer for Turkey is beginning Atilla YeşiladaPosted on22 June, 202022 June, 2020 With beaches largely empty and many hotels deciding whether to open, Tourism Minister Mehmet Ersoy … Continue ReadingTourism: A high-stakes summer for Turkey is beginning
Categories Economy Turkey’s old nemesis, current account deficits return with vengeance Atilla YeşiladaPosted on13 June, 202015 June, 2020 In April, the current account deficit (CAD) was reported as $5.1 billion which is approximately … Continue ReadingTurkey’s old nemesis, current account deficits return with vengeance
