Categories Finance Markets FXStreet: USD/TRY ignores Turkish President Erdogan to keep Fed-led gains near $13.50 Atilla YeşiladaPosted on27 January, 2022 USD/TRY picks up bids to $13.60, reversing the early Asian pullback on Thursday, as market … Continue ReadingFXStreet: USD/TRY ignores Turkish President Erdogan to keep Fed-led gains near $13.50
Categories Finance HYPED Mustafa Sonmez/al Monitor: Turkey’s central bank continues window dressing with currency swaps Atilla YeşiladaPosted on27 January, 2022 This is only an excerpt, read the full article: https://www.al-monitor.com/originals/2022/01/turkeys-central-bank-continues-window-dressing-currency-swaps#ixzz7JBSdyM8t Creating and managing … Continue ReadingMustafa Sonmez/al Monitor: Turkey’s central bank continues window dressing with currency swaps
Categories Finance HIGHLIGHTS The world’s eighth wonder: Turkish Lira Atilla YeşiladaPosted on27 January, 2022 Turkey’s once-sickly currency, the Turkish Lira has weathered the Fed storm, higher oil prices (Turkey … Continue ReadingThe world’s eighth wonder: Turkish Lira
Categories Business Company & Industry Finance HIGHLIGHTS Turkish Airlines: Cargo and FX remain near-term drivers Cem CetingucPosted on21 January, 2022 Cargo-driven FY21 sets a high base for FY22e profits. With revised forecasts in this note, … Continue ReadingTurkish Airlines: Cargo and FX remain near-term drivers
Categories Finance HIGHLIGHTS CBRT passes up on rate cut, but more are underway Atilla YeşiladaPosted on20 January, 2022 The Turkish Central Bank left its weekly repo rate unchanged 14%, in-line with expectations. This … Continue ReadingCBRT passes up on rate cut, but more are underway
Categories Finance HIGHLIGHTS Markets Turkish lira to weaken to 20 per dollar this year, Standard Chartered says Atilla YeşiladaPosted on20 January, 2022 Turkey’s lira is expected to weaken to 20 per dollar by the end of the … Continue ReadingTurkish lira to weaken to 20 per dollar this year, Standard Chartered says
Categories Business Finance HIGHLIGHTS Turkey’s swap deal with UAE boosts CB reserves Atilla YeşiladaPosted on20 January, 2022 Turkey and the United Arab Emirates have agreed to a currency swap deal equivalent to … Continue ReadingTurkey’s swap deal with UAE boosts CB reserves
Categories Economy Finance HIGHLIGHTS Turkish bank employees compelled to boost lira-defence scheme Güldem AtabayPosted on19 January, 2022 Turkey’s big state banks have set employee performance targets as they urge clients to convert … Continue ReadingTurkish bank employees compelled to boost lira-defence scheme
Categories Business Finance General HIGHLIGHTS Deutsche: Turkey: recent developments and what’s next Atilla YeşiladaPosted on19 January, 2022 In this report, we discuss recent developments regarding the FX-protected lira deposit scheme, provide an … Continue ReadingDeutsche: Turkey: recent developments and what’s next
Categories Business Finance HIGHLIGHTS Turkish Automobiles: Still appealing in a world of uncertainties Cem CetingucPosted on13 January, 2022 Seeking supply/demand equilibrium. Our 2022 outlook for the Turkish auto industry is for slight to … Continue ReadingTurkish Automobiles: Still appealing in a world of uncertainties
Categories Economy Finance HIGHLIGHTS Y.F. Macro Focus: CA gave deficit again after 3-month long surpluses Cem CetingucPosted on13 January, 2022 In November , the CA posted a monthly deficit of USD2.7bn (Consensus: USD -2.2bn, YF: … Continue ReadingY.F. Macro Focus: CA gave deficit again after 3-month long surpluses
Categories Atilla Yeşilada Finance HIGHLIGHTS Markets TURKEY: Next Stop Is Currency Controls Atilla YeşiladaPosted on12 January, 2022 Erdogan’s heterodox (unusual) economic policies pushed Turkey into the abyss. “Official” inflation … Continue ReadingTURKEY: Next Stop Is Currency Controls
Categories Finance HIGHLIGHTS Tim Ash: Turkey – roll-over risk, should we be worried? Atilla YeşiladaPosted on10 January, 2022 There is always focus on Turkey’s large gross external financing needs – the current account … Continue ReadingTim Ash: Turkey – roll-over risk, should we be worried?
Categories Finance HIGHLIGHTS Markets Turkey: Central Bank sells over 7 bn dollars in a month Atilla YeşiladaPosted on8 January, 2022 The Central Bank of Turkey sold 7.28 billion dollars in December to inject liquidity into … Continue ReadingTurkey: Central Bank sells over 7 bn dollars in a month
Categories Business Finance HIGHLIGHTS BIST Foreign Transactions Report Cem CetingucPosted on7 January, 2022 BIST released December foreign transaction figures, accordingly, a net outflow of USD1.03bn was recorded. The … Continue ReadingBIST Foreign Transactions Report
Categories Business Finance HIGHLIGHTS Erdogan’s Heterodox Economic Measures attract little interest Atilla YeşiladaPosted on7 January, 2022 Turkey’s scheme to protect lira deposits from depreciation has attracted more than 90 billion lira … Continue ReadingErdogan’s Heterodox Economic Measures attract little interest
Categories Finance General HIGHLIGHTS Turkish Lira on the ropes, againnnnnnnn Atilla YeşiladaPosted on6 January, 2022 The rebound of Turkish Lira (TL) vs the American dollar (USD) proved “transitory”, despite allegations … Continue ReadingTurkish Lira on the ropes, againnnnnnnn
Categories Finance HYPED Turkey considering inflation-indexed TL bonds Atilla YeşiladaPosted on3 January, 2022 Turkey is considering a range of new financial products that would offer guarantees against inflation … Continue ReadingTurkey considering inflation-indexed TL bonds
Categories Finance HIGHLIGHTS Central Bank of Turkey chasing pipe dreams Atilla YeşiladaPosted on31 December, 2021 Turkey’s central bank will monitor risks related to the foreign exchange market and do what … Continue ReadingCentral Bank of Turkey chasing pipe dreams
Categories Business Economy Finance HIGHLIGHTS Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices Cem CetingucPosted on28 December, 2021 SA CUR increased by 0.8pps 78.4% in December. In Q4, SA manufacturing CUR increased by … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices
