Erdogan_turkish lira_1804
Turkish lira muted as Turkey votes for constitutional reforms

Image via World Economic Forum Amid the Easter celebrations on Sunday, investors were keeping a close watch on the unfolding events from Turkey as the nation went to polls on constitutional reforms. The event marked a turning point in the history of the country. President Recep Tayyip Erdogan's bid to push for constitutional reforms to give th...

2017-04-18 John Benjamin Read more
Erdogan_Turkish referendum_1304
Two Way Risks For TRY As Referendum Approaches

Recep Tayyip Erdoğan, President of Turkey Focus Shifts Away from Europe & US While focus over the last year has mainly been on political events happening in Europe and America, there are important political events happening elsewhere that also require investor attention. One such event is the upcoming constitutional reform referendum b...

2017-04-13 James Harte Read more
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CBRT to Raise Rates in Light of TRY Volatility?

Pressure Builds On TRY The Turkish Lira (TRY) has been one of the worst-performing Emerging Market currencies over the last several months, even underperforming the Mexican Peso. Given the level of the decline, the market is increasingly expecting the Central Bank of the Republic of Turkey (CBRT) action, leading to a potential reversal in TRY d...

2017-01-24 James Harte Read more