Categories Economy HIGHLIGHTS January external deficit soars to $10 bn, financing concerns mount Atilla YeşiladaPosted on14 March, 2023 Turkey has posted a record high current account deficit, underscoring the challenge facing President Recep … Continue ReadingJanuary external deficit soars to $10 bn, financing concerns mount
Categories Economy HIGHLIGHTS ING: Despite revisions to current account deficit is still widening Atilla YeşiladaPosted on11 November, 2022 Despite large revisions to the balance of payments data, which significantly raised tourism revenues, the … Continue ReadingING: Despite revisions to current account deficit is still widening
Categories Economy HIGHLIGHTS Is Bank Research July BoP analysis: Unidentified inflows pay for huge deficits Atilla YeşiladaPosted on12 September, 2022 In July, current account deficit was 4 billion USD In July, current account deficit expanded … Continue ReadingIs Bank Research July BoP analysis: Unidentified inflows pay for huge deficits
Categories Economy HIGHLIGHTS C/A deficit rises to UDS33bn in June, may reach USD50bn by end-22 Atilla YeşiladaPosted on12 August, 2022 Turkey’s external deficits are becoming unsustainable … Read More >C/A deficit rises to UDS33bn in June, may reach USD50bn by end-22
Categories Finance HYPED Markets Bloomberg: Turkey Bond-Guarantee Plan Leaves Foreign Investors Underwhelmed Atilla YeşiladaPosted on10 May, 2022 The Turkish central bank’s plan to attract hard-currency inflows is getting negative reviews from some … Continue ReadingBloomberg: Turkey Bond-Guarantee Plan Leaves Foreign Investors Underwhelmed
Categories Economy HIGHLIGHTS December current account deficit augurs ill for the New Economy Plan Atilla YeşiladaPosted on12 February, 2022 Turkey’s current account recorded a deficit of US$3.8bn in December, which is up from the … Continue ReadingDecember current account deficit augurs ill for the New Economy Plan
Categories Business Economy Finance HIGHLIGHTS BREAKING: As lira swings, some foreign banks review or scale back Turkey exposure – sources Atilla YeşiladaPosted on21 December, 202121 December, 2021 Reuters just published the following new item on Turkey, which we replicate here in summary … Continue ReadingBREAKING: As lira swings, some foreign banks review or scale back Turkey exposure – sources
Categories Emerging Markets HIGHLIGHTS Fitch sees Fed tapering in early 2022, warns on fragile emerging markets Atilla YeşiladaPosted on19 March, 2021 (Reuters) – Ratings agency Fitch expects the Federal Reserve to dial back its COVID-19-related economic … Continue ReadingFitch sees Fed tapering in early 2022, warns on fragile emerging markets
Categories Business Tourism: A high-stakes summer for Turkey is beginning Atilla YeşiladaPosted on22 June, 202022 June, 2020 With beaches largely empty and many hotels deciding whether to open, Tourism Minister Mehmet Ersoy … Continue ReadingTourism: A high-stakes summer for Turkey is beginning
Categories Economy Turkey’s old nemesis, current account deficits return with vengeance Atilla YeşiladaPosted on13 June, 202015 June, 2020 In April, the current account deficit (CAD) was reported as $5.1 billion which is approximately … Continue ReadingTurkey’s old nemesis, current account deficits return with vengeance
