JPMorgan Blames Turkey's Volatile Lira for Investor Misgivings
(Bloomberg) — Try refreshing your browser, or JPMorgan Blames Turkey's Volatile Lira for Investor Misgivings Back to video The lira’s best month this year may only serve to highlight the volatility that still haunts Turkish assets. For JPMorgan Chase & Co.’s top executive in Turkey, swings in the currency remain a key hurdle to convincing investors to buy into the appeal of local securities. Markets are also on alert for how price growth, already at a two-year high, performs in the months ahead, Mustafa Bagriacik, senior country officer for Turkey and Azerbaijan for the U.S. lender, s...
Source: financialpost.com