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 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 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 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 Business General HIGHLIGHTS Markets Politics Ukraine grain deal exports reach 30.3 million tons Cem CetingucPosted on25 May, 202325 May, 2023 Some 30.3 million tons of grain have been transported by 953 ships to the world market … Continue ReadingUkraine grain deal exports reach 30.3 million tons
Categories Economy HIGHLIGHTS Markets Report: Average monthly rent prices in Turkey rise by 117 pct on yearly basis. Cem CetingucPosted on24 May, 2023 Average monthly rent prices have increased by 117 percent in one year in Turkey, according … Continue ReadingReport: Average monthly rent prices in Turkey rise by 117 pct on yearly basis.
Categories Finance HYPED Markets Central Bank of Turkey issues two new rules to stem demand for FX Atilla YeşiladaPosted on17 May, 2023 The recent re-election of Erdogan as Turkey’s president renewed concerns of a further fall in … Continue ReadingCentral Bank of Turkey issues two new rules to stem demand for FX
Categories HIGHLIGHTS Markets Politics Tim Ash: The morning after in Turkey Atilla YeşiladaPosted on15 May, 2023 Looks like a staggering win for Erdogan – 49/45. The polls were totally and utterly … Continue ReadingTim Ash: The morning after in Turkey
Categories Economy HIGHLIGHTS Markets Revitalized Gulf tourist arrivals bring momentum to Turkey’s tourism sector Cem CetingucPosted on8 May, 2023 Turkey expects tourist flows from the Gulf countries to regain momentum in the coming months … Continue ReadingRevitalized Gulf tourist arrivals bring momentum to Turkey’s tourism sector
Categories HIGHLIGHTS HYPED Markets Increasing trend of second-hand homes for sale in Turkish property market Cem CetingucPosted on2 May, 2023 The number of advertisements placed to sell second-hand houses in the market has been on … Continue ReadingIncreasing trend of second-hand homes for sale in Turkish property market
Categories Company & Industry HIGHLIGHTS Markets TOGG set to deliver 1,000+ cars next month Cem CetingucPosted on28 April, 2023 Togg aims to deliver more than 1,000 vehicles in May, says Gürcan Karakaş, the CEO of Türkiye’s first … Continue ReadingTOGG set to deliver 1,000+ cars next month
Categories Finance HIGHLIGHTS Markets Turkish Private Banks: Skewed risk reward Cem CetingucPosted on24 April, 2023 Valuations don’t look very tempting in the context of macro uncertainty With this note, we … Continue ReadingTurkish Private Banks: Skewed risk reward
Categories Atilla Yeşilada HIGHLIGHTS Markets Economist Atilla Yesilada: FX controls will soon spread to Grand Bazaar Atilla YeşiladaPosted on22 April, 2023 Indicating that it may be the turn of the citizens to be brought under capital … Continue ReadingEconomist Atilla Yesilada: FX controls will soon spread to Grand Bazaar
Categories General HIGHLIGHTS Markets Politics Iraq’s Oil Exports from North Stalled Amid Turkey Negotiations Cem CetingucPosted on17 April, 2023 Oil exports from northern Iraq to the Turkish port of Ceyhan remain at a standstill … Continue ReadingIraq’s Oil Exports from North Stalled Amid Turkey Negotiations
Categories Economy Finance HIGHLIGHTS Markets 3 Inflation-Addressing Approaches, Varying in Effectiveness Cem CetingucPosted on17 April, 202317 April, 2023 Turkey has long had a hyperinflation problem, but that doesn’t mean that its central bank … Continue Reading3 Inflation-Addressing Approaches, Varying in Effectiveness
Categories Economy HIGHLIGHTS Markets World Bank boosts Turkey’s growth forecast Cem CetingucPosted on10 April, 2023 The World Bank has revised upwards its 2023 and 2024 GDP growth estimates for the Turkish economy in its Europe and … Continue ReadingWorld Bank boosts Turkey’s growth forecast
Categories Company & Industry HIGHLIGHTS Markets Turkey anticipates prosperous tourism despite quake Cem CetingucPosted on10 April, 2023 Turkey’s Mediterranean coast is expected to see a large number of tourists flowing in this … Continue ReadingTurkey anticipates prosperous tourism despite quake
Categories Finance HIGHLIGHTS Markets Video Commentary: Turkish Lira After Elections: Will It Crash, or Soar? Atilla YeşiladaPosted on10 April, 2023 Turkish Lira after elections: Will it crash, or soar? Turkey’s dual elections scheduled for … Continue ReadingVideo Commentary: Turkish Lira After Elections: Will It Crash, or Soar?
