‘Turkey’ analysis from Bloomberg: It scares investors
While the dollar/TL saw a new peak with 13.95 the other day, the Central Bank intervened in the exchange rate once again. The intervention of the CBRT in practice with the foreign exchange sales method was covered in the foreign press.
In the analysis created by Bloomberg, “The multi-faceted intervention this month, with the use of the policy of market chance, could not stop TL’s anger” place their statements.
The analysis reads, “The lira has lost 38 percent since the Center’s decline in completion, all of September, since it has been grown at a higher rate than Erdogan, yielding to the belief that avoidance of Erdogan is beyond weaning. Deep returns in currency scare the future” comment has been made.
“DO NOT TRIGGER RETURN”
Piotr Mats, a development analyst to Bloomberg, told Bloomberg, “Negative food prices will not be practically reversible to some extent in affordable prices/TL.”
of the markets on the 16th of December Bloom, who drew the meeting, gave place to the statements about the statements “her concern here is that Erdoğan holds his two exits to higher proportions and to the turbulent market”.