Sponsored Content
Turkey: Capital Outflow Endangers Economic Stability
Politics ♦
Published: August 24, 2013; 15:37 ♦ (Vindobona)

Sponsored Content
The monetary and economic stability is under enormous pressure. Turkey´s National Bank does not have sufficient reserve to support the Turkish lira.

In the last five years, Turkey was a profiteer of the crisis in the Eurozone. Since the beginning of the year, however, more and more investors are leaving the country.
For emerging markets like Turkey, the end of the quantitative easing in the U.S. causes an increase in sovereign bond yields. Since May 2013, the emergency reserves of Turkey´s National bank were down by 13%.…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
Turkey Wants to Stop Capital Outflow (August 17, 2013)
Turkey: Banking Sector Improves Profitability (August 6, 2013)
Turkey Considers Economic Re-Orientation (July 18, 2013)
Turkey Becoming Important Global Investor (June 28, 2013)
Turkey Is Losing Momentum (December 10, 2012)
Sponsored Content
Read More