M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
Continued currency strength in Turkey due to more "orthodox" monetary policy measures: The Turkish Lira has appreciated by another 1% today in response to a 200 basis points interest rate hike (to 17%. more than consensus expectation) and guidance favoring sustained "decisive" tightness. #markets #bonds #volatility #equities #centralbanks #monetarypolicy #Turkey #fx #currency #turkish #Lira #EM #emergingmarkets
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#markets
#bonds
#volatility
#equities
#centralbanks
#monetarypolicy
#Turkey
#fx
#currency
#turkish
#Lira
#EM
#emergingmarkets