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Turkey's Surprise Central Banker Switch Has Investors Optimistic

Turkey's Surprise Central Banker Switch Has Investors Optimistic
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Turkey's Surprise Central Banker Switch Has Investors Upbeat

(Bloomberg) -- Investors who recently turned bullish on Turkey are unruffled by the shock departure of the its central-bank governor, showing trust in the personal guarantee of President Recep Tayyip Erdogan that the shift to market-friendly policies will continue.Most Read from BloombergPowell Tells ‘60 Minutes’ Fed Is Wary of Cutting Rates Too SoonWhy NYC Apartment Buildings Are on Sale Now for 50% OffMusk Took Drugs With Some Tesla Board Members, WSJ SaysWorld Cup 2026 Final Goes to NYC-Area

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Turkey's Surprise Central Banker Switch Has Investors Optimistic

(Bloomberg) -- Investors who bought into Turkey’s transformation story are unusually optimistic after the shock departure of central bank Governor Hafize Gaye Erkan, expecting her successor to intensify an orthodox push in the nearly $1 trillion emerging market.Most Read from BloombergStock Market’s ‘Rah-Rah Mob’ Confronts February’s Weak RecordMusk Took Drugs With Some Tesla Board Members, WSJ SaysBiden Swipes at Trump’s Personality in ‘Weirdest Campaign’ YetWorld Cup 2026 Final Goes to NYC in

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Turkey Ends Rate-Hike Cycle But Keeps Hawkish Bias in Place

(Bloomberg) -- Turkey’s central bank raised interest rates for an eighth straight time and signaled it will continue to tilt hawkish after ending one of its longest-ever tightening cycles. Most Read from BloombergTesla Slumps After Warning About ‘Notably Lower’ Growth RateBoeing Blocked From Building More 737s in Hit to Growth PlanUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearRussia Says Ukraine Downed Plane Carrying Prisoners for SwapThe Monetary Policy Committee led by Governo

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Gulf state banks plug Turkey's lending gaps amid Western retreat

Gulf state banks plug Turkey’s lending gaps amid Western retreat

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UAE Lenders Fill Turkey Financing Void Left by Global Banks

(Bloomberg) -- United Arab Emirates-based banks are increasing loans to their Turkish counterparts, filling a gap left by Western lenders that have retreated amid concerns over the country’s increasingly restrictive regulatory environment under President Recep Tayyip Erdogan.Most Read from BloombergBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonTrump

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