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Turkish Stock Market -16 % Fall since May !
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Topic: Turkish Stock Market -16 % Fall since May ! (Read 7439 times)
JohnsonE
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Turkish Stock Market -16 % Fall since May !
«
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July 18, 2013, 11:20:05 AM »
The Turkish Stock Market fell fown for - 16 % since May, while even the Turkish currency, "lira" was falling - 7 %, and Inflation is expected to jump up to more than +7% for this year, (Monetary Depreciation reaching, thus more than - 14%). In addition, the Current Accounts' Deficit persists, 80% of it being supported only by Short-Term Lending from Abroad, which is notoriously Volatile, and, therefore, Unstable and Shaky, with particularly Low Savings and/or Investment percentages, (smaller than in any other among similar Countries)...
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Last Edit: July 18, 2013, 12:45:40 PM by JohnsonE
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