Categories Finance HIGHLIGHTS Markets Standard Chartered: Tourism has the potential to get TL out the bind, but Ankara to squander opportunity Atilla YeşiladaPosted on14 May, 2022 Opportunity, but it may be squandered The TRY is particularly exposed to the Russia-Ukraine war. … Continue ReadingStandard Chartered: Tourism has the potential to get TL out the bind, but Ankara to squander opportunity
Categories Economy HIGHLIGHTS Markets S&P Global: Turkey’s macroeconomic trajectory remains uncertain, CPI to catapult over 50% Atilla YeşiladaPosted on6 February, 2022 The Turkish lira continues to plummet, inflation in the country has skyrocketed to a 20-year … Continue ReadingS&P Global: Turkey’s macroeconomic trajectory remains uncertain, CPI to catapult over 50%
Categories Economy Finance HIGHLIGHTS Turkish Lira: Doomed to devaluation? Cem CetingucPosted on2 February, 2022 For investors in Turkey, December 2021 will go down as the month of the white-knuckle … Continue ReadingTurkish Lira: Doomed to devaluation?
Categories Economy General HIGHLIGHTS S&P Global Ratings: Risks drastically increase as Turkey uses borrowed lira reserves Cem CetingucPosted on3 December, 2021 Turkey risks damaging confidence in the lira further by using “borrowed” reserves to defend its … Continue ReadingS&P Global Ratings: Risks drastically increase as Turkey uses borrowed lira reserves
Categories Emerging Markets Finance HYPED Markets Currency view: MPC minutes highlight emphasis on transitory nature of inflation, weaker TL on the horizon Atilla YeşiladaPosted on5 October, 2021 CBT’s minutes from the September MPC meeting highlighted an attitude of dismissing recent inflation pressure … Continue ReadingCurrency view: MPC minutes highlight emphasis on transitory nature of inflation, weaker TL on the horizon
Categories Finance HIGHLIGHTS Markets Turkey’s monetary easing to continue, exchange rate shock in works Atilla YeşiladaPosted on2 October, 2021 Standard Chartered said on Friday it now expects Turkey’s central bank to cut interest rates … Continue ReadingTurkey’s monetary easing to continue, exchange rate shock in works
Categories Finance HIGHLIGHTS HYPED Markets Locals sell $1 Billion after CBRT’s policy rate cut Atilla YeşiladaPosted on24 September, 202124 September, 2021 After the Central Bank’s (MB) interest rate cut, which bankers had difficulty explaining for economic … Continue ReadingLocals sell $1 Billion after CBRT’s policy rate cut
Categories Finance HYPED Markets Why Turkey’s Lira Is Having a Rough Year? Atilla YeşiladaPosted on10 July, 2021 A Turkey country-specific exchange traded fund has been among the worst performers this year, as … Continue ReadingWhy Turkey’s Lira Is Having a Rough Year?
Categories Finance ING: More rate cuts to come in Turkey Editor P.A.Posted on20 May, 202021 May, 2020 There is little doubt that Central Bank of Turkey will once again cut rates in … Continue ReadingING: More rate cuts to come in Turkey
Categories Markets The strengthening of the TL is temporary Editor P.A.Posted on8 May, 202021 May, 2020 Turkish Lira closed the Turkish trading hours on Friday at 7.11, a substantial gain vs … Continue ReadingThe strengthening of the TL is temporary