CBT Opts for 625bp Rate Hike. Now Watch Heads Roll
On 13 September, the Turkish central bank raised its policy rate by whopping 625bps, exceeding the market's median forecast by 300bps. This is...
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Markets Are Pushing CBR Towards a Hike. CBR Should Stay on Hold
As EM assets remain under pressure, policymakers are increasingly switching into a tightening mode. Central Banks in Turkey, Argentina, India,...
422 Views
Investors Seem Tired of Selling Turkish Assets. Turkey Needs to Use Breathing Space Wisely
Sovereign downgrades by two rating agencies last Friday have not lead to a renewed sell-off in the Turkish markets. Investors seem to be awaiting...
277 Views
Turkey - Smartkarma's First Podcast
In Smartkarma's first podcast we speak with three of our Insight Providers about the economic and political implications of the current situation. ...
833 Views
Turkey: Erdogan Throws a Match into the Embers of a Crisis Created by Trump's Nudge
Turkey was already financially vulnerable, with a current account deficit of 6% of GDP, reserve import cover of less than 3.7 months, and external...
339 Views