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 JP Morgan: TL will crash regardless of election results Atilla YeşiladaPosted on15 April, 2023 Turkish press loves to share exchange rate forecasts by international investment banks. Over the last … Continue ReadingJP Morgan: TL will crash regardless of election results
Categories Economy HIGHLIGHTS CBRT eases TL-saving rules even more Cem CetingucPosted on5 April, 2023 In a bid to promote and protect savings, the Turkish central bank has allowed banks … Continue ReadingCBRT eases TL-saving rules even more
Categories Finance HIGHLIGHTS Markets Reuters/Nevzat Devranoglu: Central Bank burning reserves to keep lira stable -bankers Atilla YeşiladaPosted on22 February, 2023 Turkey’s central bank used $7 billion of reserves in the last two weeks to help … Continue ReadingReuters/Nevzat Devranoglu: Central Bank burning reserves to keep lira stable -bankers
Categories Finance HIGHLIGHTS Turkey is scrambling all over to avert currency crisis Atilla YeşiladaPosted on8 December, 2022 Saudi Arabia will place a $5 billion deposit at Turkey’s central bank “within days,” the … Continue ReadingTurkey is scrambling all over to avert currency crisis
Categories Economy General HIGHLIGHTS HYPED Lira’s faith after CBRT rate cut seems ‘unfortunate’ Cem CetingucPosted on21 October, 202221 October, 2022 The USD/TRY price has been in a consolidation phase in the past few months and is hovering … Continue ReadingLira’s faith after CBRT rate cut seems ‘unfortunate’
Categories Finance HYPED Markets CNBC: Turkey’s lira hits a new record low against the dollar as investors brace for another rate cut Atilla YeşiladaPosted on22 September, 2022 NOTICE: As we prepared this article for publication, Central Bank slashed interest rates by another … Continue ReadingCNBC: Turkey’s lira hits a new record low against the dollar as investors brace for another rate cut
Categories Business Emerging Markets HIGHLIGHTS Markets Reuters EM FX poll: TL to drop 16% vs USD Atilla YeşiladaPosted on10 September, 2022 The outlook for EM FX and TL remains dim … Read More >Reuters EM FX poll: TL to drop 16% vs USD
Categories Economy Emerging Markets General HIGHLIGHTS Mustafa Sönmez: Turkey’s economy stands to suffer from euro’s downturn Cem CetingucPosted on4 August, 2022 The euro’s slide to parity with the dollar is producing fresh strains for Turkey’s foreign … Continue ReadingMustafa Sönmez: Turkey’s economy stands to suffer from euro’s downturn
Categories Economy Emerging Markets General HIGHLIGHTS Markets Reuters: Turkish Lira continues to weaken, Nebati says rates to stay put Cem CetingucPosted on7 June, 20227 June, 2022 Turkey’s lira slid to beyond 16.55 against the dollar on Monday, bringing its losses to … Continue ReadingReuters: Turkish Lira continues to weaken, Nebati says rates to stay put
Categories Finance HIGHLIGHTS Markets Turkish Lira: Is another crash in the making? Atilla YeşiladaPosted on9 March, 2022 The Turkish lira declined for a seventh straight day on Wednesday, bringing its losses to … Continue ReadingTurkish Lira: Is another crash in the making?
Categories Economy Finance HIGHLIGHTS Turkish Lira: Doomed to devaluation? Cem CetingucPosted on2 February, 2022 For investors in Turkey, December 2021 will go down as the month of the white-knuckle … Continue ReadingTurkish Lira: Doomed to devaluation?
Categories Finance Markets FXStreet: USD/TRY ignores Turkish President Erdogan to keep Fed-led gains near $13.50 Atilla YeşiladaPosted on27 January, 2022 USD/TRY picks up bids to $13.60, reversing the early Asian pullback on Thursday, as market … Continue ReadingFXStreet: USD/TRY ignores Turkish President Erdogan to keep Fed-led gains near $13.50
Categories Finance HIGHLIGHTS The world’s eighth wonder: Turkish Lira Atilla YeşiladaPosted on27 January, 2022 Turkey’s once-sickly currency, the Turkish Lira has weathered the Fed storm, higher oil prices (Turkey … Continue ReadingThe world’s eighth wonder: Turkish Lira
Categories Finance HIGHLIGHTS Markets Turkey: Central Bank sells over 7 bn dollars in a month Atilla YeşiladaPosted on8 January, 2022 The Central Bank of Turkey sold 7.28 billion dollars in December to inject liquidity into … Continue ReadingTurkey: Central Bank sells over 7 bn dollars in a month
Categories Finance General HIGHLIGHTS Turkish Lira on the ropes, againnnnnnnn Atilla YeşiladaPosted on6 January, 2022 The rebound of Turkish Lira (TL) vs the American dollar (USD) proved “transitory”, despite allegations … Continue ReadingTurkish Lira on the ropes, againnnnnnnn
Categories Finance HIGHLIGHTS Central Bank of Turkey chasing pipe dreams Atilla YeşiladaPosted on31 December, 2021 Turkey’s central bank will monitor risks related to the foreign exchange market and do what … Continue ReadingCentral Bank of Turkey chasing pipe dreams
Categories General HYPED Politics Adam Tooze: What is Erdogan’s game? Atilla YeşiladaPosted on28 December, 2021 Cover Picture: Dr Cemil Ertem, chief economic advisor to Presidency, mentioned in the article … Continue ReadingAdam Tooze: What is Erdogan’s game?
Categories Finance HYPED Markets TL recovery fleeting Atilla YeşiladaPosted on27 December, 2021 The lira tumbled almost 8% against the dollar on Monday amid persisting investor concern over … Continue ReadingTL recovery fleeting
Categories Finance HIGHLIGHTS Markets Erdogan claims success against “currency bubble”, is he right? Atilla YeşiladaPosted on26 December, 2021 Turkey’s President Tayyip Erdogan said on Friday the government had burst a bubble in the … Continue ReadingErdogan claims success against “currency bubble”, is he right?
