Categories Finance HIGHLIGHTS Tim Ash: Erkan clears out and cleans up the CBRT Atilla YeşiladaPosted on28 July, 2023 I will take my lead from a U.S. investment bank report this morning on recent … Continue ReadingTim Ash: Erkan clears out and cleans up the CBRT
Categories Business Finance HIGHLIGHTS Central Bank rolls out new measures likely to trigger credit crunch Atilla YeşiladaPosted on26 July, 2023 Central Bank of Turkey on Tuesday unveiled a set of new measures to support monetary … Continue ReadingCentral Bank rolls out new measures likely to trigger credit crunch
Categories Economy Finance HIGHLIGHTS Markets Central Bank promises further gradual tightening and simplification of rules Güldem AtabayPosted on3 July, 2023 Following the change of the CBRT Governor, the minutes of the 650 basis point rate … Continue ReadingCentral Bank promises further gradual tightening and simplification of rules
Categories Finance HIGHLIGHTS Markets Goldman Sachs: TL set to drop further Atilla YeşiladaPosted on27 June, 2023 Foreign exchange forecasters at Goldman Sachs have revised higher their US Dollar to Turkish Lira’s … Continue ReadingGoldman Sachs: TL set to drop further
Categories Finance HIGHLIGHTS Turkey Central Bank Simplifies Rules Under New Governor Güldem AtabayPosted on26 June, 2023 Turkey’s Central Bank, under new Governor Hafize Gaye Erkan, is easing its security maintenance rule … Continue ReadingTurkey Central Bank Simplifies Rules Under New Governor
Categories Finance HIGHLIGHTS Markets Mehmet Simsek promises quick economic stability as the lira sinks deeper Atilla YeşiladaPosted on24 June, 202324 June, 2023 Turkish Minister of Treasury and Finance Mehmet Simsek confirmed that the government is determined to … Continue ReadingMehmet Simsek promises quick economic stability as the lira sinks deeper
Categories Finance HIGHLIGHTS Markets Latest Central Bank rate hike predictions Atilla YeşiladaPosted on22 June, 2023 Turkey’s central bank is expected to raise its policy rate sharply on Thursday in a … Continue ReadingLatest Central Bank rate hike predictions
Categories Finance HIGHLIGHTS CBTR governor Erkan surveys investment banks to gauge rate hike Atilla YeşiladaPosted on21 June, 2023 Prior to the historical Central Bank Monetary Policy Committee meeting, Central Bank (CBRT) Governor Hafize … Continue ReadingCBTR governor Erkan surveys investment banks to gauge rate hike
Categories Economy Finance HIGHLIGHTS Erdogan Ally Points To ‘Painful’ Rate Hike, a wide range of rate hike forecasts clouds the picture Atilla YeşiladaPosted on20 June, 2023 Turkish President Recep Tayyip Erdogan’s influential ruling coalition partner said Tuesday that the government needed … Continue ReadingErdogan Ally Points To ‘Painful’ Rate Hike, a wide range of rate hike forecasts clouds the picture
Categories Business Finance HIGHLIGHTS AA: ‘Türkiye can top inflow records with post-election investment surge’ Atilla YeşiladaPosted on19 June, 2023 Türkiye aiming to capture 1.5% share in global investment outlay, head of Turkish Presidency’s Investment … Continue ReadingAA: ‘Türkiye can top inflow records with post-election investment surge’
Categories Finance HIGHLIGHTS Markets The sad story of TL: “Is anyone buying dollars?”—the Guardian Atilla YeşiladaPosted on18 June, 2023 “Is anyone buying dollars?” yells a man in a Galatasaray sports jacket as he leans … Continue ReadingThe sad story of TL: “Is anyone buying dollars?”—the Guardian
Categories Finance HIGHLIGHTS ANALYSIS: Turkish rate hikes: How fast, how high? Atilla YeşiladaPosted on18 June, 2023 Turkey’s first female Central Bank (CBRT) governor Gaye Erkan is certain to engineer the first … Continue ReadingANALYSIS: Turkish rate hikes: How fast, how high?
Categories Business Finance HIGHLIGHTS Economy czar Mehmet Simsek hears a mouthful from industrialists Atilla YeşiladaPosted on16 June, 202316 June, 2023 Members of the Turkish Industry and Business Association (TÜSIAD) met with Treasury and Finance Minister … Continue ReadingEconomy czar Mehmet Simsek hears a mouthful from industrialists
Categories Business Finance HIGHLIGHTS Western banks pull out of Turkey financing, UAE jumps into the void Atilla YeşiladaPosted on15 June, 2023 United Arab Emirates-based banks are increasing loans to their Turkish counterparts, filling a gap left … Continue ReadingWestern banks pull out of Turkey financing, UAE jumps into the void
Categories Economy Finance HIGHLIGHTS Brad W. Setsar: Turkey’s Increasing Balance Sheet Risks Atilla YeşiladaPosted on7 June, 2023 Turkey’s finances were pushed to the breaking point by his efforts to juice the economy—and … Continue ReadingBrad W. Setsar: Turkey’s Increasing Balance Sheet Risks
Categories Finance HIGHLIGHTS TL on the ropes again Atilla YeşiladaPosted on7 June, 2023 Turkey’s lira slid almost 3% to a record low on Wednesday, extending its losses since … Continue ReadingTL on the ropes again
Categories Finance HIGHLIGHTS Markets CNBC: Turkey’s lira sinks to fresh record low after Erdogan re-election Atilla YeşiladaPosted on29 May, 2023 The Turkish lira sank to a fresh record low Monday as incumbent Recep Tayyip Erdogan … Continue ReadingCNBC: Turkey’s lira sinks to fresh record low after Erdogan re-election
Categories Finance HIGHLIGHTS Fitch/ Erich Arispe Morales: Returning to sustainable, predictable and credible economic policy-making increasingly unlikely under Erdoğan Atilla YeşiladaPosted on26 May, 2023 The Turkish economy, weathered by skyrocketing inflation and a plunging currency value, stands at a … Continue ReadingFitch/ Erich Arispe Morales: Returning to sustainable, predictable and credible economic policy-making increasingly unlikely under Erdoğan
Categories Company & Industry Finance HIGHLIGHTS Turkish Banks: Sensitivity of capital ratios to currency and asset quality Cem CetingucPosted on24 May, 2023 We update our interactive spreadsheet to stress test capital positions with Q1 results: HSBC’s year-end … Continue ReadingTurkish Banks: Sensitivity of capital ratios to currency and asset quality
Categories Finance HIGHLIGHTS Turkey CDS signals distress, Eurobonds suffer steep sell-off Atilla YeşiladaPosted on18 May, 2023 New data by Central Bank of Turkey covering the week ending on 12 May revealed … Continue ReadingTurkey CDS signals distress, Eurobonds suffer steep sell-off
