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VTB Capital: The Most Attractive Investment Turkish Shares
In the report published today, VTB Capital said, "The Turkish shares market has pushed the main indices in October to the Neutral trading zone since October.
Yazar: Zack Smith
Yayınlanma: 5 Şubat 2020 15:19
Güncellenme: 20 Kasım 2024 12:57
In the report published today, VTB Capital said, "The Turkish shares market has pushed the main indices in October to the Neutral trading zone since October. The basic picture continues to be positive for 2020. We are prefer to wait for a retreat to re-enter or take more positions.".
VTB Capital, which touched on the CBRT's Monetary Policy Committee meeting on February 19, stated that they predicted that the CBRT would decrease the benchmark interest rate by 50 basis points to 10.75 percent. However, VTB Capital also stressed that after the interest rate cut, Turkish Lira could become more fragile to the global negative news flow.
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