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Tag: Turkish currency

COMMENTARY:  A sanguine TL outlook until March local elections
Categories Atilla Yeşilada Finance HIGHLIGHTS

COMMENTARY:  A sanguine TL outlook until March local elections

Atilla YeşiladaPosted on21 November, 2023

Winter is upon us, one more time, along with perennial worries about currency shocks, which … Continue ReadingCOMMENTARY:  A sanguine TL outlook until March local elections

Has orthodox economic policy bolstered the Turkish Lira?
Categories Finance HIGHLIGHTS

Has orthodox economic policy bolstered the Turkish Lira?

Atilla YeşiladaPosted on18 November, 202322 November, 2023

Almost half of a year has passed since the central bank of Turkey changed its … Continue ReadingHas orthodox economic policy bolstered the Turkish Lira?

Why did the TL drop after the Central Bank rate hike?
Categories Finance HIGHLIGHTS Markets

Why did the TL drop after the Central Bank rate hike?

Atilla YeşiladaPosted on25 August, 2023

TL gained 2.5% vs USD in late Friday trading hours, after coming under immense selling … Continue ReadingWhy did the TL drop after the Central Bank rate hike?

Mehmet Simsek promises quick economic stability as the lira sinks deeper
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

Andrew Knoll:  Turkey’s lira under pressure in the face of inflation, risks
Categories Finance HIGHLIGHTS Markets

Andrew Knoll:  Turkey’s lira under pressure in the face of inflation, risks

Atilla YeşiladaPosted on23 March, 2022

In the face of spiralling inflation and a host of other concerns, both in its … Continue ReadingAndrew Knoll:  Turkey’s lira under pressure in the face of inflation, risks

Commerzbank:  All hell breaks loose—for TL
Categories Business HIGHLIGHTS Markets

Commerzbank:  All hell breaks loose—for TL

Atilla YeşiladaPosted on28 October, 2021

A silly Inflation Report, presented by governor Prof Sahap Kavcioglu who was visibly in pain … Continue ReadingCommerzbank:  All hell breaks loose—for TL

Turkey currency outlook:  New bouts of weakness underway
Categories Finance Markets

Turkey currency outlook:  New bouts of weakness underway

Atilla YeşiladaPosted on27 April, 2021

Turkey’s lira rebounded 1.5% on Monday and retreated from near an all-time low as locals … Continue ReadingTurkey currency outlook:  New bouts of weakness underway

Fitch:  Central Bank reserves too low for comfort
Categories Finance Markets

Fitch: Central Bank reserves too low for comfort

Atilla YeşiladaPosted on4 July, 20207 July, 2020

A new Fitch report on Turkey, issued on 3 July, comments that the FX reserves … Continue ReadingFitch: Central Bank reserves too low for comfort

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  • Market Professionals: Return to TL instruments is accelerating

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