Undoubtedly, the most frequently asked question in the markets these days is where will the increase in exchange rates lead?
in dollars The estimates of those who expected a rapid increase after the election and the average of the reports were around 24-25 liras… Almost reached… Is it enough?
There is no single answer to this. It obviously depends on how they act… interest they will definitely increase it, but the important thing is how they will do it… If they do it slowly, the markets will lose the taste… If they do it fast, many companies cannot afford that loss…
Unfortunately, although a considerable time has passed since the election, the Turkish lira in Turkey interest nobody knows. Everywhere is different interest there is. As such, no financial calculations can be made. Risks cannot be managed.
If the uncertainty continues with interest rate hikes in small steps, this situation will seriously spoil the taste. It pushes both domestic and foreign investors to wait, and it is obvious that Turkey does not have the luxury of hanging out wide.
Trouble is at the door in three o’clock!
Thus in interest The important level is in the hands of investors. currency There must be a level that they are willing to exchange and act quickly… Indeed, this is the official side of the business…
However, market pricing is trying to tell us something. It’s a classic movie scene. The dog, which is always smarter and one step ahead of its owners, comes excitedly, hops, jumps. Knowing brat; “I think he’s trying to tell us something,” he says.
The dog has turned into a monkey, jumping and jumping, he still says “I guess”. When was the dog turned out to be like the all-purpose Swiss army knife? He obviously knows his business!
And so are our markets… dollar is increasing. both interest rates rising. So the markets are both bouncing and bouncing. Having both is not a good sign… It brings trouble in three times. This situation must be stopped immediately.
Every place is open, our destiny is closed!
Deposit interest rates Do you think it’s a good sign that it changes between 40 percent and 50 percent and goes up every day?
Whereas dollar It has increased by 4 liras in the last 1 month. high temperature interest couldn’t even stop. Interventions started again. For example dollar If it is 25 lira, will it spoil the owners? What if switching to Turkish Lira at 26 or 27 would suit them?
Indicators are still saying stop and wait… If no foreigners come and there is no improvement… The most frightening picture for an economy is that it has a double deficit.
If there is both a current account deficit and a budget deficit, flour, sugar and oil can be started to be roasted slowly over low heat. Because we have more… Savings, investments, loans, foreign currency position gaps are also in question… Pistachio was added to the halvah and served…
Neither currency nor interest
We’ve been saying it for years. What’s the problem now interest What foreign currency neither inflation nor treasury management nor finance nor economy management…
The problem is all and nothing… They don’t make sense on their own. They are looking for a system and mindset that can fix it.
Here it is currency and interest we come across a management approach in pricing… The factor that the market will observe from now on is whether Mehmet Şimşek will act independently… Whether there will be an obstacle in front of Gaye Hanım due to the Central Bank…
If the result is positive, focus on other problems, the match begins. If old habits continue, the economy is deemed to be forfeited and hits the wall.
For the rest of the article, Does the Dollar Deduction Plan Work?