Morning Note /

Turkey: 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

Batuhan Ozsahin
ATA Invest
27 June 2022
Published byATA Invest


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