The largest inflow 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, has experienced the largest weekly inflow of investment since 2023. Investors made a total purchase of 22 million dollars through this fund. This figure stands out as the highest inflow recorded since June 2023.

The Impact of Inflation Data on Investments

The bulk of these inflows was triggered by the inflation data announced in Turkey, which exceeded expectations. In November, monthly inflation was determined to be 0.9 percent, falling below 1 percent for the first time 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 the central bank will make.

Performance of the MSCI Turkey Index

The MSCI Turkey Index rose by 2.9 percent in December, outperforming the 0.9 percent increase in the MSCI Emerging Markets Index during the same period. This situation demonstrates the increasing attractiveness of investments in Turkey.