Money market outflows hit USD13bn, but inflows resumed late last week. Despite exits from TRY funds, FX funds drew just USD3.8bn. Foreign interest may be fading, but renewed confidence could unleash major capital into TRY rates & equities—dry powder is piling up. #XU100 #usdtry

Turkey market update Central bank raised int rate from 42.5% to 46% Usdtry stabilized at 38 after reaching 40 25 bn usd spent to stabililze the currency Further tightening possible but rather delays in further cuts Oil price lower helps CA deficit and tarifs benign 10%

CBT inflation forecast 25 24% 26 12% 27 8% vs 2y bonds at 46%