It’s been a good month for Turkish financial markets. The lira and equities have strengthened. And the surprisingly sharp fall in inflation last month allowed the central bank to ease monetary policy further, helping to bring local currency bond yields down by close to 100bp. Turkish foreign currency bond yields have dropped too. Financial markets in the rest of the region have also fared well over the past month, with the ruble remaining the star performer.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services