Recent reports suggest that Turkish President Recep Tayyip Erdogan is pushing for his country to join the prestigious group of BRICS states. Comprised of powerhouse economies like Brazil, Russia, India,
As the world's top investment manager, I am closely monitoring the situation in Turkey, where policymakers are eagerly awaiting a decline in inflation to support their claims of moderating inflation
Today, Turkey's central bank (CBT) is set to announce its monthly rate decision, with analysts unanimously predicting that the rate will remain unchanged at 50%. However, behind the scenes, the
Market experts are expressing concerns as inflation expectations for the end of 2024 show signs of acceleration, despite recent data indicating a decline in inflation rates. Commerzbank's FX Analyst Tatha
The Turkish lira (TRY) showed minimal movement yesterday despite reports of the central bank (CBT) taking steps to manage liquidity by purchasing liras at a local money market. This move,