Goldman Sachs economists expect the Central Bank of the Republic of Turkey (CBRT) to increase the one -week repo interest rate of 350 basis points at the Monetary Policy Committee (PPK) meeting on April 17 (PPK).
According to the news in Bloomberght, Clemens Grafe and Başak Edizgil wrote in the report, the CBRT’s lending interest rate on March 20 increased the lending interest of 200 basis points, the reason for the rapid decrease in the fluctuation, as well as the repo interest rate we want to make more evaluation with other stakeholders.
Pointing out that the first sales pressure in the markets was disproportionately caused by foreigners, the economists stated that this was somewhat to some degree and the reserves were high because of the high reserves.
“Instead, a more serious risk may occur because the domestic deposit base can be re -dollar”.
Ekonomists stated that they expect the CBRT to do the ability and willingness of the 350 basis point -point interest rate hike to implement the disinflation program.
