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Channel: Comments on: Turkey Zindabad or, ‘in the bag’: Is Turkey getting investment grade soon?
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By: Metin Gunduz

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So the bottom line ; if Investment Grade Rating comes by early November , surely there will be Turkish Central Bank Policy Target Rate CUT DOWN from current high of % 5.75 (compared to recent similar emerging economies) in their first meeting at the Money Market Committee ( if not emergency meeting arranged ) . ( That -policy rate cut of big chunk- will definitely give sound message rather than ‘shooting blank’ with the ‘ceiling cut of interest corridor’ and ineffective ROC(Reserve Option Coefficient) incremental increase . Time will obviously tell .


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