Central Bank of Turkey Governor Karahan to Present on Inflation and Interest Rate Policy in Parliament
📊 USDTRY — Piyasa Yorumu
▼ down · 60%Karahan’s presentation in the Turkish Parliament could raise the possibility of a rate hike as part of the fight against inflation. This expectation may strengthen the TRY and could lead to a modest short‑term decline in the USD/TRY rate. However, as the market awaits a definitive decision, movements may remain limited.
📊 AKBNK — Piyasa Yorumu
■ neutral · 60%The presentation by Karahan in the Turkish Grand National Assembly may help to clarify expectations regarding interest rates and inflation. This uncertainty could induce a modest short‑term volatility in Akbank shares. Technical indicators, however, support an uptrend: the RSI and MACD are positive, and the 20‑period simple moving average (SMA20) sits above the 50‑period SMA (SMA50). Consequently, the market direction is unlikely to change dramatically within the next one to three days.