Good News vs. Bad News
A bumpy start to the week… After a sudden fall on Monday, USD/TRY began climbing up again yesterday, luckily, avoiding jumps that might bring terrible impact on the market. Now,
A bumpy start to the week… After a sudden fall on Monday, USD/TRY began climbing up again yesterday, luckily, avoiding jumps that might bring terrible impact on the market. Now,
No need to look further for the reasons why USD/TRY has suddenly dropped yesterday. Statements covering that the pastor crisis will end soon, good news about the syndicated loans and
3-year economic road map covering 2019-2021 was released last week. I must say that it was lot more realistic and solid than the last one. Based on three key components;
As I have always said, “First thing we should do is to fix the perception of Turkey”. 40% of the problems we are going through right now are mainly caused
Before the MTP announcement today, I had the opportunity to talk to a number of reps of almost all sectors, from finance to real sector. As far as I can
I know, USD/TRY keeps going up, so does the unemployment rate. Turkey is swamped with complicated internal politics. But in the meantime, we should not neglect to keep close track
…The fact that the Central Bank is under huge pressure now with regards to rate hikes is an obvious indicator of the importance of the decision. Disagreement between the economy
Yesterday was the decision day for the Central Bank. Things got so twisted that everyone said, “We are doomed if CBRT does not hike rates”. This cry for help made
Today CBRT Management is going to seal its own fate with one decision. Whether they go for a drastic hike or leave it intact, it will be an inevitable ending.
Exploration never fails.