The largest entry to the Turkey Investment Fund from the US in 2.5 years.

A New Era of Investments in Turkey Has Begun

The iShares MSCI Turkey ETF, traded on the New York Stock Exchange, experienced its largest weekly investment inflow since 2023. Investors made a total purchase of 22 million dollars through this fund. This figure is noteworthy as it marks the highest inflow recorded since June 2023.

The Impact of Inflation Data on Investments

The majority of these inflows were triggered by inflation data released in Turkey, which came in above expectations. In November, the monthly inflation was determined to be 0.9 percent, marking the first time it remained below 1 percent since May 2023. This situation created a positive atmosphere among investors.

Expectations for Interest Rate Cuts Are Increasing

These positive developments have also increased expectations that the Central Bank of Turkey will implement a larger interest rate cut following its meeting this Thursday. Investors are closely monitoring the decision that the central bank will make.

Performance of MSCI Turkey Index

The MSCI Turkey Index showed an increase of 2.9 percent in December, outperforming the 0.9 percent rise of the MSCI Emerging Markets Index during the same period. This situation proves that the attractiveness of investments in Turkey is on the rise.