Goldman Executive Speaks to ECONOMI: Expectation for Interest Rate Cut by TCMB in September Continues

Clemens Grafe, Managing Director and Co-Head of CEEMEA Research at Goldman Sachs, stated that investor interest in Turkey has certainly increased. However, he noted that despite the portfolio inflows, a significant portion of these investments remains short-term. Grafe emphasized that their expectation for an interest rate cut by the Central Bank of the Republic of Turkey (TCMB) in September is ongoing.

(Blacknews)