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Do not offend Turkish people…

More than 85% of Turkish imports consist of raw materials, intermediate and investment goods. 85% of exports, on the other hand, comprise final goods, which means what we sell increases

Is Dollar to fall further?

People usually ask me whether USD/TRY may fall further whenever the duo tends to drop. The reason why they ask such questions is because they want to know how they

Now it’s time to say different things

It looks like the expectation for an improvement in US-Turkey relations has helped markets remain rather calmer. More and more people are hoping that USD/TRY will fall below 5.70 soon.

I don’t trust this Trump one bit

Good riddance! We finally got through this one too. Problem in real sector however remain unchanged. There are more and more companies going bankrupt or requesting debt restructuring. Those who

How to fight back against inflation – Part

After an overall evaluation of the recently released ‘collaborative fight against inflation’ program, I have come to the conclusion that it was focused merely on one thing: consumer inflation. With

Collaborative fight against inflation

Here’s the problem: If public sector wants private sector to make sacrifices, the Government should start making cuts in government spending, even reduce taxes to more rational levels since it

Can we trade in local currency?

Yes, we can. The meeting hosted by TIM (Turkish Exporters’ Assembly) where I acted as moderator helped me get utterly convinced that this is doable. But you need specific conditions

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