MeritKapital Newsletter
November 7, 2018The Turkish lira weakened by 0.8% on Tuesday while the lira`s CPI-based real effective exchange rate rose for the first time in 9 months according to the Central Bank of…
MeritKapital Newsletter
November 6, 2018The inflation statistics issued yesterday in Turkey was a bit higher than expected, it rose above 25% in October (increase of 2.67% MoM in October). However, some analysts believe that…
MeritKapital Newsletter
November 1, 2018The Turkish Finance Minister Mr. Albayrak announced a round of tax cuts on Wednesday which would be applicable to cars, white goods, furniture etc. The lira spiked immediately after the…
Meritkapital Newsletter
October 31, 2018Today the Central Bank of Turkey will publish the Q3 inflation report. Local investors are also waiting for the central bank comments – if the bank changed its expectations or…
MeritKapital Newsletter
October 30, 2018The Turkish lira is rising for a fifth day, yesterday it gained 0.6% to 5.5611 per USD, extending an almost 10% rally this month. It touched its two-month low at…
MeritKapital Newsletter
October 29, 2018The Turkish lira strengthened by 0.75% on Friday (currently trading at 5.58 per USD), it gained the most among the EM peers after the CBRT left the rate unchanged on…