Morning Note /
Turkey

Turkey: We expect a slight positive day today in BIST

  • Although TL/USD level tested new highs yesterday night, TL started the day with 2% of gain

  • President Erdogan was on TV late yesterday night and he reiterated his thoughts on interest rates and inflation

  • President Erdogan expects the inflation to start declining despite the weakness in TL

Batuhan Ozsahin
ATA Invest
1 December 2021
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