Reported 4 months ago
Investors are increasingly optimistic about Turkey's economic recovery and return to conventional policies, with record foreign inflows in May, a 30% surge in stock performance this year, and net foreign exchange reserves growth. Under President Erdogan's market-friendly team and interest rate hike, the country is attracting more foreign investment, despite previous skepticism. Analysts see Turkey's commitment to economic reform as key to sustaining investor interest, with local bonds and banking stocks performing strongly and potential for further economic improvements in the future.
Source: YAHOO