Morning Note /
TurkeyTurkey: We could see wild swing in equities
BRSA restricted commercial lira loans to corporate borrowers if they hold more than 15mn TL in foreign-currencies
Lira appreciated as much as 4.5% against US$ and now is up 2.43% at 16.60
The initial reaction for equities will be negative but this regulation change will not affect most BIST-30 companies
