Categories Company & Industry Emerging Markets Finance Markets Turkey reaches deal with Euroclear for wider foreign access to local bond market Editor P.A.Posted on9 June, 202011 June, 2020 Turkey’s Treasury and Finance Ministry announced on Tuesday that it had reached a deal with … Continue ReadingTurkey reaches deal with Euroclear for wider foreign access to local bond market
Categories Emerging Markets Markets Reuters poll: EM currencies to rally through summer Atilla YeşiladaPosted on7 June, 20209 June, 2020 30 of 52 currency strategists, around 60%, polled by Reuters expect the emerging-market currencies’ recovery … Continue ReadingReuters poll: EM currencies to rally through summer
Categories Economy Emerging Markets Finance Markets Surprise: the rate cut comes just as the amount expected Editor P.A.Posted on21 May, 202023 May, 2020 For the straight ninth time in a row the central bank of Turkey (CBT) cut … Continue ReadingSurprise: the rate cut comes just as the amount expected
Categories Economy Markets Politics Gurses: Our Turkish Lira with its wounded convertibility Editor P.A.Posted on21 May, 202023 May, 2020 You will hold talks themed “Trade with national currencies” and at the same time you … Continue ReadingGurses: Our Turkish Lira with its wounded convertibility
Categories Emerging Markets Finance Markets Ash: Qatari support ‘will not have major impact on Turkish lira’ Editor P.A.Posted on21 May, 202021 May, 2020 Turkey tripled its currency swap agreement with Qatar to $15 billion on the basis of … Continue ReadingAsh: Qatari support ‘will not have major impact on Turkish lira’
Categories Economy Emerging Markets Finance Markets Politics Bloomberg: Emboldened by a stronger lira, Turkey is set to cut rates again Editor P.A.Posted on20 May, 202021 May, 2020 Little stands in the way of the Turkish central bank’s ninth straight interest-rate cut after … Continue ReadingBloomberg: Emboldened by a stronger lira, Turkey is set to cut rates again
Categories Economy Emerging Markets Finance Markets Turkey exempts Euroclear, Clearstream from lira limitations Editor P.A.Posted on20 May, 202021 May, 2020 Turkey’s banking regulator said on Wednesday it would exempt Euroclear Bank and Clearstream Banking from … Continue ReadingTurkey exempts Euroclear, Clearstream from lira limitations
Categories Economy Emerging Markets Markets Politics Turkey: Good old Qatar comes to the rescue Editor P.A.Posted on20 May, 202021 May, 2020 Turkey and Qatar tripled the limit on currency swap agreement to $15 billion equivalent of … Continue ReadingTurkey: Good old Qatar comes to the rescue
Categories Economy Emerging Markets Finance Markets Politics Swap deal “secured with BoJ and BoE” denied; talks continue Editor P.A.Posted on20 May, 202021 May, 2020 Turkish lira rallied on Habertürk news on Turesday that Turkey was very close to securing … Continue ReadingSwap deal “secured with BoJ and BoE” denied; talks continue
Categories Economy Emerging Markets Markets ING: More rate cuts to come in Turkey… Editor P.A.Posted on20 May, 202021 May, 2020 The Central Bank of Turkey extended its easing cycle with an eighth cut last month, reducing the policy rate … Continue ReadingING: More rate cuts to come in Turkey…
Categories Economy Markets Politics Boomerang: BNP Paribas shrinking its TL market operations Editor P.A.Posted on18 May, 202021 May, 2020 BNP Paribas SA is shrinking its operations in the Turkish lira market following a regulatory … Continue ReadingBoomerang: BNP Paribas shrinking its TL market operations
Categories Economy Emerging Markets Finance Markets Turkey: out in the cold Editor P.A.Posted on18 May, 202021 May, 2020 The broadest-ever effort to pump dollars into the global economy has bypassed some major emerging … Continue ReadingTurkey: out in the cold
Categories Finance Markets The Economist: Turkey’s defence of the lira has been unwise and ineffective Editor P.A.Posted on16 May, 202021 May, 2020 On a conference call on May 6th Turkey’s finance minister, Berat Albayrak, was solicitous and … Continue ReadingThe Economist: Turkey’s defence of the lira has been unwise and ineffective
Categories Economy Emerging Markets Finance Markets Turkey’s March current account: Pressures on lira not likely to ease Editor P.A.Posted on13 May, 202021 May, 2020 Turkey posted USD4.9bn current account deficit in March 2020 that stands at the upper end … Continue ReadingTurkey’s March current account: Pressures on lira not likely to ease
Categories Economy Finance Markets Turkish Wealth Fund to inject USD3 bn capital to state banks Editor P.A.Posted on11 May, 202021 May, 2020 Turkey’s sovereign wealth fund said on Monday that it launched works on increasing three state … Continue ReadingTurkish Wealth Fund to inject USD3 bn capital to state banks
Categories Company & Industry Economy Finance Markets Swap ban on three banks lifted; lira under focus still Editor P.A.Posted on11 May, 202021 May, 2020 Turkey reversed its recently placed ban on BNP Paribas SA, Citigroup Inc. and UBS Group … Continue ReadingSwap ban on three banks lifted; lira under focus still
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
Categories Economy Finance Markets Pressure on Turkey’s Economy Builds as Lira Hits Record Low Editor P.A.Posted on7 May, 202021 May, 2020 The Turkish lira slid to its lowest level in two years on Thursday as investors … Continue ReadingPressure on Turkey’s Economy Builds as Lira Hits Record Low
Categories Markets OPINION: Remember Pastor Brunson? Editor P.A.Posted on5 May, 202021 May, 2020 Pastor Andrew Brunson is an evangelical clergyman who had settled in Turkey to teach the … Continue ReadingOPINION: Remember Pastor Brunson?
Categories Economy Markets TL weakness hardly offset by weak demand: Inflation strong Editor P.A.Posted on4 May, 202021 May, 2020 Turkey’s April Consumer Price Index (CPI) increased by 10.94% annually and 0.85% monthly which beats … Continue ReadingTL weakness hardly offset by weak demand: Inflation strong
