Turkey's fund liquidation story continues to unfold, with the newly established oversight council now formally in place to manage the unwind of frozen investment funds, a process t
Turkey's fund liquidation story continues to unfold, with the newly established oversight council now formally in place to manage the unwind of frozen investment funds, a process that has left hundreds of thousands of savers exposed. Turkish equities and the country ETF have kept drifting lower, suggesting the market is still waiting for clarity on how the cleanup actually plays out. Meanwhile, economic confidence sits near multi-year highs, a persistent gap between domestic sentiment and how investors are pricing Turkish risk.
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