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Capital Raising & Corporate Finance

Central Bank Shakeup Prompts Lira Drop

If Kavcolu’s appointment results in interest rate cuts, financial markets will naturally react by using the FX rate as an automatic stabilizer.

Country Report

Ankaras About-Face

Erdoan’s government hopes a more disciplined monetary policy will restore investor confidence and bolster an economic recovery in 2021.

Country Report

Turkey: Investment Draw

Despite political unrest, and criticism from trading partners, Turkey continues to draw foreign direct investment. Can FDI help it return to economic expansion?

News

Erdogan Backlash Emboldens Pro-West Politicians

September saw a further weakening in the governing AKP party’s once-unassailable hold on power in Turkey, with respected former Deputy Prime Minister Ali Babacan announcing he will establish a new pro-business, pro-West party, citing “deep differences” with the AKP, or ...

Country Report

Turkey: Ripe For Reform?

Postelection, Turkey needs to take tangible measures to restore economic stability and government credibility and strengthen domestic capital markets.
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