World Bank cuts Romania's growth forecast to lowest in the region for 2025 and 2026
22 hours ago
Foreign investors sold a net $23mn worth of Turkish equities in the week ending December 4 after buying a net $1.24bn worth in the previous three weeks, data from Turkey’s central bank showed on December 10.
A net $91mn worth of domestic government bonds were bought by foreign players in the same week, extending the buying streak to four consecutive weeks, albeit with a loss of steam.
The foreign-investor share of Borsa Istanbul holdings very slightly edged down to 49.49% on December 9 from 49.5% on December 4, while lira-denominated bond stock held by foreign parties at Turkish banks crept up to Turkish lira (TRY) 42.5bn on December 4 to TRY42.6bn on December 7.
Local individuals’ FX deposits, meanwhile, rose further. They moved up by $2.4bn w/w in the week ending December 4.
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