Turkey

By Edward Hugh The recent decision of the Turkish Central Bank to lower rather than to raise interest rates in an risky attempt to quench the inflation flames that many feel are threatening to engulf what some call an “overheating”…

As we feared, Turkey central bank cut rates by 50 bp to 6.5%. Before the recent comments by Deputy Governor Basci, the bank was saying that rates were headed higher towards the end of next year. Latest central bank survey shows market was…

by Win Thin There seems to be some policy uncertainty brewing in Turkey, which we view as negative for the lira. Today, central bank Deputy Governor Basci published a paper on the bank’s website that suggested a combination of interest…

Must-read The Anatolian Tiger: How the West Is Losing Turkey - SPIEGEL ONLINE Video - Property market 'overheating' - Brisbane Times Euro investors eye local Australian property market The Usual Fare San Diego May Use…

The following is a post by Marc Chandler, global head of Brown Brother Harriman’s top ranked Currency Strategy Team. For more of BBH’s currency views, please visit the BBH FX website here. Highlights The US dollar was largely weaker…