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Turkish Lira

Últimas publicaciones de Turkish Lira

1 agosto 2017

Turkey | Monthly Economic Monitor - July 2017

Robust stance in the economic activity continued in 2Q, according to our nowcast. Inflation will ease further in summer on top of favorable base effects before climbing up again in 3Q. The CBRT strengthened its hawkish stance by keeping its interest rates intact and having the average funding rate hover above 11.9%.

27 julio 2017

The CBRT Strengthens its Credibility

The Central Bank kept its interest rate corridor unchanged. Bearing in mind the stickiness in inflation and the ongoing high momentum of the economic activity, we expect the Bank not to find enough room for monetary easing until the end of the year when the headline will fall towards 9% thanks to favorable base effects on f…

4 julio 2017

Turkey Monthly Economic Monitor | June

Recovery in IP continues with the support from both exporting and domestic demand oriented sectors. We expect the GDP growth in 2Q to accelerate even further, as early signals from May suggest a growth rate close to 6%. Turkish lira stabilized at 3.50-3.55 band as global and local factors balance each other and the CBRT m…

1 junio 2017

Turkey | Monthly Economic Monitor, May 2017

GDP growth continues in moderate pace. Food inflation keeps the headline high but it will ease somehow in summer. CBT continues to fund mostly on LLW, keeping the average funding just below 12%.