Categories General HIGHLIGHTS New Finance Minister reveals Turkey won’t prioritize high interest rates Cem CetingucPosted on3 December, 20213 December, 2021 Turkey will not prioritize high interest rates under the new economic model, the newly appointed … Continue ReadingNew Finance Minister reveals Turkey won’t prioritize high interest rates
Categories Economy General HIGHLIGHTS S&P Global Ratings: Risks drastically increase as Turkey uses borrowed lira reserves Cem CetingucPosted on3 December, 2021 Turkey risks damaging confidence in the lira further by using “borrowed” reserves to defend its … Continue ReadingS&P Global Ratings: Risks drastically increase as Turkey uses borrowed lira reserves
Categories Finance Markets Why is Turkey’s lira dropping?—Video Atilla YeşiladaPosted on29 November, 2021 Turkey is the only G20 country operating this unorthodox monetary stance’ Timothy Ash, … Continue ReadingWhy is Turkey’s lira dropping?—Video
Categories Economy HIGHLIGHTS The price of Turkish Lira’s collapse gets heavy Cem CetingucPosted on25 November, 202125 November, 2021 Istanbul’s sky is as gloomy as the mood in the households and on the streets … Continue ReadingThe price of Turkish Lira’s collapse gets heavy
Categories General HIGHLIGHTS Turkish Lira hits record lows after Erdogan’s rate cut speech Cem CetingucPosted on23 November, 202123 November, 2021 The Turkish lira has hit a record low of 12.79 against the US dollar after … Continue ReadingTurkish Lira hits record lows after Erdogan’s rate cut speech
Categories Emerging Markets HIGHLIGHTS Markets ING: CEEMEA FX Outlook 2022: Treating inflation with respect (TL outlook included) Atilla YeşiladaPosted on20 November, 2021 Currencies from Central and Eastern Europe, the Middle East and Africa will struggle in the … Continue ReadingING: CEEMEA FX Outlook 2022: Treating inflation with respect (TL outlook included)
Categories Emerging Markets Finance HIGHLIGHTS Amidst wild gyrations, TL drops into a black hole—expert comments Atilla YeşiladaPosted on18 November, 2021 Turkey’s lira plunged 6% on Thursday, breaching 11 to the dollar for the first time … Continue ReadingAmidst wild gyrations, TL drops into a black hole—expert comments
Categories Finance HIGHLIGHTS Markets No end in sight for beleaguered Turkish Lira Atilla YeşiladaPosted on16 November, 2021 Turkey’s sickly currency TL, started the day (Tuesday) at 10.07-08 vs the USD, as rate … Continue ReadingNo end in sight for beleaguered Turkish Lira
Categories Economy Is there no respite in sight for the Turkish lira? Cem CetingucPosted on20 October, 2021 When I rented my first Istanbul apartment, in mid-2013, the Turkish economy was humming and … Continue ReadingIs there no respite in sight for the Turkish lira?
Categories Economy Turkey’s inflation bursts at seems Cem CetingucPosted on7 October, 2021 Annual inflation rose to 19.58 in September from 19.25 per cent in August, according to … Continue ReadingTurkey’s inflation bursts at seems
Categories Economy Turkish inflation accelerates at a rate never seen in two and a half years Cem CetingucPosted on5 October, 20215 October, 2021 Turkish inflation accelerated to its fastest rate in two-and-a-half years in September as President Recep … Continue ReadingTurkish inflation accelerates at a rate never seen in two and a half years
Categories Atilla Yeşilada Finance HIGHLIGHTS Markets OPINION: TL testing new lows, worse to come Atilla YeşiladaPosted on30 September, 2021 Turkish Lira is about to close this week’s trading in Istanbul, at 8.8750-88 vs the … Continue ReadingOPINION: TL testing new lows, worse to come
Categories Economy General Economic absurdity of Erdogan Cem CetingucPosted on29 September, 2021 Turkish President Recep Erdogan’s pride in his country’s recent interest rate cut calls to mind the apocryphal story … Continue ReadingEconomic absurdity of Erdogan
Categories Economy CBRT’s latest rate cut increases risks on inflation Cem CetingucPosted on24 September, 2021 In a rather surprising move, the CBRT cut its 1-week repo rate 100bp to 18.00%. … Continue ReadingCBRT’s latest rate cut increases risks on inflation
Categories Economy Finance HIGHLIGHTS Aftermath: Central Bank of Turkey rate cut Atilla YeşiladaPosted on23 September, 2021 Turkish view by Yatirim Finansman Securities: Beware of negative consequences The CBRT stressed that the … Continue ReadingAftermath: Central Bank of Turkey rate cut
Categories Economy Erdogan’s vaning patience for high interest rates Cem CetingucPosted on21 September, 2021 Turkey’s central bank has begun setting the stage for an interest rate cut long sought … Continue ReadingErdogan’s vaning patience for high interest rates
Categories Emerging Markets Finance Emerging markets: Turkish Lira remains unloved Cem CetingucPosted on14 September, 2021 A slide in Hong Kong-based technology and internet heavyweights following Beijing’s latest regulatory crackdown pushed … Continue ReadingEmerging markets: Turkish Lira remains unloved
Categories Company & Industry Economy Deutsche Bank/TRY: carried away Cem CetingucPosted on7 September, 2021 Deutsche Bank closed its long position recommendation for dollar/TL, which it opened in May, after … Continue ReadingDeutsche Bank/TRY: carried away
Categories Finance HIGHLIGHTS Markets Powell, the arch-dove keeps EM, TL strong Atilla YeşiladaPosted on28 August, 2021 Most Latin American currencies rallied on Friday as U.S. Federal Reserve Chair Jerome Powell calmed … Continue ReadingPowell, the arch-dove keeps EM, TL strong
Categories General JPMorgan | Turkey: inflation raises its voice once again Cem CetingucPosted on7 July, 2021 Yarkin Cebeci After two consecutive down side surprises over April and May, inflation surprised significantly … Continue ReadingJPMorgan | Turkey: inflation raises its voice once again