DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Tayyip Erdogan - 2 Karin Strohecker - 2 Hafize Gaye Erkan - 1 Nick Eisinger - 1 Liam Peach - 1 Peach - 1 Paul McNamara - 1 Emre Akcakmak - 1
Top related locs:
Turkey London United Arab Emirates Rosario ISTANBUL
Top related orgs:
KNG Securities - 2 Thomson - 2 LONDON - 1 Vanguard - 1 Capital Economics - 1 GAM Investments - 1 Net - 1 East Capital - 1

Search resuls for: "Cagri Kutman"


2 mentions found


☆ Investors look beyond Turkey rate hike disappointment, for now
  + stars: | 2023-07-21 | by ( Jorgelina Do Rosario | ) www.reuters.com   time to read: +4 min
"There is a huge gap between rates and inflation, but investors still have faith in this policy shift," Peach said. "They will tolerate a gradual tightening cycle if the key rate rises towards 30% at the end of the year." International bonds are still widely held by foreign investors, though much less so the domestic ones exposed to the lira currency's wild swings. BETTER BUFFERSRising central bank reserves are another positive sign. JPMorgan raised its inflation outlook for Turkey after the rate hike, now expecting year-end inflation at 57% versus 50% previously.
Persons: Hafize Gaye Erkan, Tayyip Erdogan, Nick Eisinger, Liam Peach, Peach, Paul McNamara, Emre Akcakmak, It's, Cagri Kutman, Jorgelina, Karin Strohecker, John Stonestreet Organizations: LONDON, Vanguard, Capital Economics, GAM Investments, Net, East Capital, JPMorgan, United Arab, KNG Securities, Thomson Locations: Turkey, London, United Arab Emirates, Rosario
☆ Lira hits record low as Turkey prepares for new cabinet
  + stars: | 2023-05-31 | by ( ) www.reuters.com   time to read: +2 min
ISTANBUL, May 31 (Reuters) - Turkey's lira tumbled on Wednesday to a fresh record low against the dollar as President Tayyip Erdogan prepared to decide the shape of his new cabinet and the direction of economic policy after an election triumph. In its third successive day of losses, the lira weakened nearly 1.5% to a record of 20.75 against the U.S. currency, taking its losses this year to nearly 10%. Investors have been concerned about the sustainability of Turkey's unorthodox economic policies as it followed a low-rate programme championed by Erdogan. A Reuters poll forecast the economy to have expanded 3.9% in the first quarter, with growth of 2.8% in 2023. Reporting by Ezgi Erkoyun; Additional reporting by Karin Strohecker; Editing by Tom Hogue and Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.
Persons: Tayyip Erdogan, Erdogan, Mehmet Simsek, Ezgi Erkoyun, Karin Strohecker, Tom Hogue, Clarence Fernandez Organizations: KNG Securities, Turkish Statistical, Reuters, Thomson Locations: ISTANBUL
0 next >>
Total: 2