Turkish Lira Could Stay Weak as Rate Cut Looks Imminent

Dow Jones
5小時前

0918 GMT - The Turkish lira should remain under sustained depreciation pressure as the country's latest inflation data could encourage the central bank to cut interest rates on October 22, Commerzbank's Tatha Ghose says in a note. Data on Monday showed annual inflation eased to 29.7% in September from 31.5% in August which creates "the perfect background for Turkey's central bank to cut rates by 100 basis points later this month," he says. While interventions to prop up the lira could limit the extent of the currency's falls, further losses look likely, he says. The dollar rises 0.1% to 49.1752 lira after earlier reaching a record high of 49.1821, LSEG data show.

 

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10