Morning Note /
Turkey

Turkey: This week’s most important event is the MPC meeting

  • The Lira depreciation doesn’t seem to end as Lira has weakened past the 10 level against USD

  • This week’s most important event is the MPC meeting when the committee is expected to cut policy rate by 100bps to 15%.

  • The market will be lifted by BBVA’s voluntary offer for Garanti’s shares

Batuhan Ozsahin
ATA Invest
15 November 2021
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