Categories Economy Finance HIGHLIGHTS Türkiye’s short-term external debt stock declines on January Cem CetingucPosted on18 March, 2024 Türkiye’s short-term external debt stock was recorded at $174.9 billion at the end of January, … Continue ReadingTürkiye’s short-term external debt stock declines on January
Categories Atilla Yeşilada Finance HIGHLIGHTS Atilla Yesilada: Will Central Bank of Turkey dare hike rates? Atilla YeşiladaPosted on18 March, 2024 I consider the CBRT MPC to be held on Thursday as one of the most … Continue ReadingAtilla Yesilada: Will Central Bank of Turkey dare hike rates?
Categories Atilla Yeşilada Finance HIGHLIGHTS Fitch raises Turkey’s credit rating, the country is heading for a currency crisis Atilla YeşiladaPosted on16 March, 2024 Fitch rewarded economy czar Mehmet Simsek for orthodox policies. •What is important: The TIMING … Continue ReadingFitch raises Turkey’s credit rating, the country is heading for a currency crisis
Categories Finance HIGHLIGHTS Markets Cyprus Economy Bank: FX turbulence stopped by CBRT measures; stock market collateral damage Atilla YeşiladaPosted on14 March, 2024 Turkish financial markets ended yesterday with an unpleasant tone. At first you may think that … Continue ReadingCyprus Economy Bank: FX turbulence stopped by CBRT measures; stock market collateral damage
Categories Economy Finance BofA ML Türkiye Focus: 1Q pessimism is likely temporary Atilla YeşiladaPosted on13 March, 2024 The effect of wage increases, acceleration in loans and speculative FX demand was felt clearly … Continue ReadingBofA ML Türkiye Focus: 1Q pessimism is likely temporary
Categories Economy Finance HIGHLIGHTS FX market volatility is provisional: Minister Şimşek Cem CetingucPosted on11 March, 2024 The recent volatility in the FX market should be viewed as temporary, Treasury and Finance Minister Mehmet Şimşek has … Continue ReadingFX market volatility is provisional: Minister Şimşek
Categories Economy Finance HIGHLIGHTS Fitch upgrades Turkey’s sovereign rating to B+ on tighter monetary policies, Simsek claims credit Atilla YeşiladaPosted on9 March, 2024 Fitch upgraded Turkey’s rating to “B+” from “B” on Friday, saying tighter approaches to monetary … Continue ReadingFitch upgrades Turkey’s sovereign rating to B+ on tighter monetary policies, Simsek claims credit
Categories Finance HIGHLIGHTS Morgan Stanley: What’s Next After February Inflation? Atilla YeşiladaPosted on5 March, 2024 The CBT will likely wait for March inflation before deciding on further hikes We think … Continue ReadingMorgan Stanley: What’s Next After February Inflation?
Categories Finance HIGHLIGHTS Markets Turkey’s excess lira liquidity almost gone, open market funding seen possible Güldem AtabayPosted on29 February, 2024 Bankers suggest that the rapid decline in excess lira liquidity within Turkey’s banking system, attributed … Continue ReadingTurkey’s excess lira liquidity almost gone, open market funding seen possible
Categories Finance General HIGHLIGHTS ‘The digital TL’ set to be an intermediated CBDS Cem CetingucPosted on22 February, 202422 February, 2024 The digital Turkish lira is set to be an intermediated CBDC with self-sovereign identity and … Continue Reading‘The digital TL’ set to be an intermediated CBDS
Categories Finance HYPED Turkish loan growth decelerates, commercial loan rates inch up Atilla YeşiladaPosted on18 February, 2024 In the week ending by February 9, foreign currency adjusted weekly credit growth decelerated to … Continue ReadingTurkish loan growth decelerates, commercial loan rates inch up
Categories Atilla Yeşilada Economy Finance HIGHLIGHTS Video Analysis: Turkish inflation is raging, Mehmet Simsek’s job is in jeopardy? Atilla YeşiladaPosted on14 February, 2024 CPI soared by 6.5% in January and 65% per annum. • As far as … Continue ReadingVideo Analysis: Turkish inflation is raging, Mehmet Simsek’s job is in jeopardy?
Categories Finance General HIGHLIGHTS Mehmet Simsek has the respect of global investors, he needs their faith Atilla YeşiladaPosted on11 February, 202411 February, 2024 Turkey’s economy czar Mehmet Simsek had s shaky start to his second career stint, as … Continue ReadingMehmet Simsek has the respect of global investors, he needs their faith
Categories Finance HIGHLIGHTS HSBC analysis: New CBRT governor, same policy guidance Atilla YeşiladaPosted on9 February, 2024 The CBRT published its new inflation report yesterday and made no changes to its end-2024, … Continue ReadingHSBC analysis: New CBRT governor, same policy guidance
Categories Economy Finance HYPED BBVA Türkiye analysis: The CBRT sticks to its interim inflation targets Atilla YeşiladaPosted on9 February, 20249 February, 2024 In the first inflation report of the year, the Central Bank (CBRT) maintained its interim … Continue ReadingBBVA Türkiye analysis: The CBRT sticks to its interim inflation targets
Categories Finance HIGHLIGHTS Markets Goldman and Deutsche issue new dollar/TL forecasts Atilla YeşiladaPosted on7 February, 2024 According to comments Turkish media and analysis obtained by Turkish experts, Goldman Sachs and Deutsche … Continue ReadingGoldman and Deutsche issue new dollar/TL forecasts
Categories Economy Finance HIGHLIGHTS FT reports that Turkey’s sovereign wealth fund offers $500mn bond deal Güldem AtabayPosted on7 February, 20247 February, 2024 The Turkey Wealth Fund is moving forward with its intentions to launch its first international … Continue ReadingFT reports that Turkey’s sovereign wealth fund offers $500mn bond deal
Categories Finance General YAĞIZ KUTAY: “THE UNBEARABLE LIGHTNESS OF STRIKING THE FALLEN” Atilla YeşiladaPosted on6 February, 2024 The Governor of the Central Bank, Hafize Gaye Erkan, announced her resignation, seemingly confirming speculations. … Continue ReadingYAĞIZ KUTAY: “THE UNBEARABLE LIGHTNESS OF STRIKING THE FALLEN”
Categories Finance HIGHLIGHTS Investment banks are becoming more hawkish on Turkish monetary policy Atilla YeşiladaPosted on6 February, 2024 The change of Turkey’s central bank governor and stickier inflation opened room for more interest-rate … Continue ReadingInvestment banks are becoming more hawkish on Turkish monetary policy
Categories Finance HIGHLIGHTS CNBC: Turkey’s new central bank governor seen as a ‘credible choice’ Atilla YeşiladaPosted on6 February, 2024 Previously the central bank’s deputy governor, Fatih Karahan’s resume features years spent in prominent American … Continue ReadingCNBC: Turkey’s new central bank governor seen as a ‘credible choice’