Free Trial
CHINA PRESS

China Should Act Early To Avoid Balance Sheet Recession

AUSSIE BONDS

Away From Best Levels

CNH

CNY Fixing - Slightly Firmer Bias

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Extension of Currency-Protected Deposit Accounts Tabled for October 1st

TURKEY
  • Dunya write on the Omnibus law proposals being made by government, with policies aimed at relieving ‘economically distressed’ segments of society reaching the final stages of approval. Key parts of the package include extensions for the currency-protected deposit system (KKM), changes to inflation accounting and various consumer debt restructuring measures. October 1st will be the key date to watch, with the grand assembly returning to office.
  • Turkish agents report a 40% increase in demand from Russian real estate clients over the past week, with Russians already topping the list of those looking to buy Turkish property for the past five consecutive months, according to Hurriyet.
  • Erdogan speaks later today in Ankara, with no key data releases due Tuesday.
116 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • Dunya write on the Omnibus law proposals being made by government, with policies aimed at relieving ‘economically distressed’ segments of society reaching the final stages of approval. Key parts of the package include extensions for the currency-protected deposit system (KKM), changes to inflation accounting and various consumer debt restructuring measures. October 1st will be the key date to watch, with the grand assembly returning to office.
  • Turkish agents report a 40% increase in demand from Russian real estate clients over the past week, with Russians already topping the list of those looking to buy Turkish property for the past five consecutive months, according to Hurriyet.
  • Erdogan speaks later today in Ankara, with no key data releases due Tuesday.