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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
TURKEY
- IIF Economist Robin Brooks on Turkey's recent Current Account Surplus:
- "Turkey's current account in August swung into a +$1 bn surplus (black). Better than Aug '20, when the deficit was -$4 bn, but not as good as the surplus Aug '19 at +$3 bn or Aug '18 at +$2 bn.
- Problem is that a credit boom will push Turkey back into big c/a deficit looking ahead."
- It is also worth noting that the IIF has a 9.50 USD/TRY fair value estimate
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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