Categories Economy HIGHLIGHTS HYPED Turks rush into the dollar, gold and stocks as inflation savages TL Cem CetingucPosted on25 March, 2024 Down a dimly lit alleyway tucked just inside Istanbul’s Grand Bazaar, a few dozen men … Continue ReadingTurks rush into the dollar, gold and stocks as inflation savages TL
Categories Economy Emerging Markets General HIGHLIGHTS Mustafa Sönmez: Turkey’s economy stands to suffer from euro’s downturn Cem CetingucPosted on4 August, 2022 The euro’s slide to parity with the dollar is producing fresh strains for Turkey’s foreign … Continue ReadingMustafa Sönmez: Turkey’s economy stands to suffer from euro’s downturn
Categories Economy Emerging Markets General HIGHLIGHTS Markets Reuters: Turkish Lira continues to weaken, Nebati says rates to stay put Cem CetingucPosted on7 June, 20227 June, 2022 Turkey’s lira slid to beyond 16.55 against the dollar on Monday, bringing its losses to … Continue ReadingReuters: Turkish Lira continues to weaken, Nebati says rates to stay put
Categories Emerging Markets Finance HIGHLIGHTS Nikkei Asia: Who’s in trouble, the US dollar or emerging economies? Atilla YeşiladaPosted on5 August, 2021 The U.S. dollar has surged on the country’s steep economic rebound, in a trend that … Continue ReadingNikkei Asia: Who’s in trouble, the US dollar or emerging economies?