• Kaja Kallas
  • Moussa Faki Mahamat
  • Adrian Zenz
  • Matthew Kroenig
  • Andriy Yermak
  • Vitaly Savelyev
  • Oleksandr Korniyenko
  • Dainius Kreivys
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IPSE'S AUTHORS LAST 24h
Check all the Authors in the last 24h
IPSEs IN THE LAST 24H
  • Sue Mi Terry
    Sue Mi Terry “Now is not the time to lift sanctions, either. Now, in fact, is the time to double down. If Biden wants to prevent North Korea from acting out, he needs to first provide the government with new incentives to talk-and that means new restrictions Washington can use as carrots. Biden, in other words, needs to take North Korean policy off autopilot and launch a proactive effort to deter Pyongyang. Otherwise, he risks encouraging an already emboldened Kim to stage a major provocation.” 11 hours ago
  • Christopher Cavoli
    Christopher Cavoli “Russians don't have the numbers necessary to do a strategic breakthrough. More to the point, they don't have the skill and capability to do it, to operate at the scale necessary to exploit any breakthrough to strategic advantage. They do have the ability to make local advances and they have done some of that.” 12 hours ago
  • Nazar Voloshin
    Nazar Voloshin “The situation in the Kharkiv sector remains complicated but is evolving in a dynamic manner. Our defence forces have partially stabilised the situation. The advance of the enemy in certain zones and localities has been halted.” 17 hours ago
  • Volodymyr Zelenskiy
    Volodymyr Zelenskiy “The situation in the Kharkiv region is generally under control, and our soldiers are inflicting significant losses on the occupier. However, the area remains extremely difficult.” 17 hours ago
  • Bezalel Smotrich
    Bezalel Smotrich “Defense Minister Gallant announced today his support for the establishment of a Palestinian terrorist state as a reward for terrorism and Hamas for the most terrible massacre of the Jewish people since the Holocaust.” 17 hours ago
  • Yoav Gallant
    Yoav Gallant “I must reiterate … I will not agree to the establishment of Israeli military rule in Gaza. Israel must not establish civilian rule in Gaza.” 17 hours ago
View All IPSEs inserted in the Last 24h

Turkish lira performance

Page with all the IPSEs stored in the archive related to the Context Turkish lira performance.
The IPSEs are presented in chronological order based on when the IPSEs have been pronounced.

Sima Baktas
Sima Baktas

“It wasn't hard to adapt to the crypto sector, because we already had such big potential. After that, of course, came the Turkish lira, and the economic situation we have today, which is getting worse and worse, and people are trying to find a reliable financial instrument for their savings.”

author
Lawyer specialising in cryptocurrencies and co-founder of CryptoWomen Turkey
17 Jan 2022 4 4
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Win Thin
Win Thin

“We suspect positioning and stealth intervention will continue to dominate the price action. Even if the lira stabilizes, there are still strong inflationary impulses in the economy that will continue to erode the value of any local currency holdings.”

author
Global Head of Currency Strategy at Brown Brothers Harriman
24 Dec 2021 3 3
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Nureddin Nebati
Nureddin Nebati

“We have a strong economic model. The basis of our model is high growth and a low current account deficit. Turkey will seize this historic opportunity. We will solve the current account deficit problem through achieving macroeconomic stability and increasing production and exports. Turkey's macroeconomic indicators have no way of pushing the value of the US dollar against the Turkish lira that high. The Turkish lira is moving towards a level where it will find its true balance.”

Aa

author
Minister of Treasury and Finance of Turkey
21 Dec 2021 5 2
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Gary Schlossberg
Gary Schlossberg

“The market may be waiting to see how this exchange rate guarantee may play out. Some people think it will stabilize the market for a time, but it just seems that the fundamental backdrop is weak and I'm not sure how long that measure by itself can shore up the market.”

author
Global strategist at Wells Fargo Investment Institute in San Francisco
21 Dec 2021 2 2
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Henrik Gullberg
Henrik Gullberg

“The initial trigger for Monday morning's slump was S&P's outlook downgrade, but the risk of further cuts later this week all combined to prompt the latest decline. Ultimately, the CBRT [Central Bank of the Republic of Turkey] needs to show the market some sign of caring about taming inflation. What we have seen so far is not enough to stop the rout.”

author
Macro strategist at Coex Partners in London
13 Dec 2021 4 3
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Harun Ozturkler
Harun Ozturkler

“The assumptions in this new 'model,' if we can call it that, are wrong. They are assuming lowering interest rates would lead to high exchange rates, and the Turkish lira would devalue, depreciate, and then Turkish goods and services will become cheaper in terms of our trade partners' currency. Erdogan is assuming that the subsequent boost to Turkish exports would eventually lead to the lira recovering its value. But that's a strange relationship. It does not work that way.”

author
Professor of econometrics at Kırıkkale University
03 Dec 2021 10 4
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Mehmet Sapci
Mehmet Sapci

“Cancer medicines, diabetes medicines, surgical disinfectants - all medicines are being affected, because they are all connected in some way to imports. And because imports are affected by the exchange rate, it's a real problem for us right now to produce medicine. We risk being left with no medicines for the Turkish public.”

author
Owner of the Turkish pharmaceutical company Merkez Ilac
03 Dec 2021 7 3
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Jamil Barakat
Jamil Barakat

“Produce prices change every day, and customers are in disbelief. And of course you have to take into consideration rent and transportation costs. Everything here is imported. Do we have any orchards or groves here?”

author
Small business owner in Idlib, Syria
27 Nov 2021 3 4
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Arda Tunca
Arda Tunca

“The lira has lost its institutional support in recent years … and last night's changes strongly indicate that the central bank is no longer capable of managing Turkey's monetary policy.”

author
Economist at Eko Faktoring
14 Oct 2021 2 3
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