bne IntelliNews offers archives via the search engine. If you would like to see all of our award winning content click here and request trial access to our premium product, IntelliNews Pro. If you are already an IntelliNews Pro users click here to login.
ENAG inflation research group contends headline figure was 109% y/y, up from April calculation of 105% y/y.
How much market orthodoxy Turkish strongman can swallow is now the question.
Investors may be encouraged that start could be made on fixing Turkey’s collapsing economy if former finance minister returns to the cabinet. The lira, meanwhile, is back on the slide.
Prospect of removing the Erdogan regime at the ballot box appears to have gone for ever.
As official results announced, challenger Kemal Kilicdaroglu gives fiery speech calling for fight against authoritarian regime and for a true democracy.
Flashing red lights on lira, sky-high inflation, dwindling FX reserves and soaring cost of insuring debt against default. A currency crisis could be around the corner.
The Central Bank of Turkey kept its policy rate flat at the May meeting and concluded that the current rate is adequate to support the recovery from February's earthquakes. It did not offer any signals about a policy change ahead.
As lira trades just below 20/$ in the interbank market, rate at the Istanbul Grand Bazaar hovers in the 21s.
Central bank governor says remittances rebounded to €2.4bn in 2022 after a dip during the pandemic.
With little expectation strongman Erdogan will be toppled in May 28 run-off vote, markets guard against economic calamity.
Kenya’s sovereign bond index at the distressed 1,000 basis point spread over US treasuries enjoyed a brief reprieve from unrelenting gloom, as IMF managing director Kristalina Georgieva declared it an innocent bystander in sub-Sahara default panic.
Lira hits latest record low and cost of insuring debt soars. New data, meanwhile, shows central bank burnt through $17bn in weeks before polls attempting to prop up economy.
Bank’s Tehran representative office latest result of nations’ big push to expand ties to counter impacts of Western sanctions on their economies.
Yes, by rights, it has to be Bye Bye Erdogan in Sunday's Turkey elections. A genius for manipulating idiots has sustained him in power for 20 years, but the aggregation of voter dissatisfactions has generated a faecal tide.
At 11.2%, Romania's April inflation surprised to the downside as both the market consensus and our expectations were 11.5%.
Turkey goes to the polls on Sunday May 14. Any rational analysis says the Erdogan era must end. Country in days and weeks that follow the voting will not be for the faint-hearted.
Gold prices have risen to break through the psychologically important $2,000 per troy ounce mark as Emerging Markets (EMs) buy up record amounts of the yellow metal to try to insulate themselves against the unfolding polycrisis.
Uzbekistan's official international reserves as of May 1 amounted to $35.2bn, after a decrease of $230mn m/m. The FX reserves fell by $181.4mn to $9.93bn, the lowest mark recorded in the past five ...
Net sales revenue of UzAuto Motors in 1Q23 amounted to UZS 8.85 trillion ($776.7mn), the financial automaker said in a financial release. Compared to 1Q22, sales rose by 2%. Net profit shrank by ...