"Political risks in Turkey appear to have toned down-RBS
We visited Istanbul and Ankara on May 16-19 meeting with officials from the Treasury, the IMF, the World Bank, plus a range of diplomats, Turkish corporates (white goods, electrical good, autos, Telekom and food/beverages) and local analysts/journalists. The CBRT is continuing with its new policy of not meeting investors on a small group basis, but is instead requesting that economists/investors attend their quarterly investor road-shows. Hence we were unable to discuss key issues with the CBRT which was hugely disappointing, given market concerns over the widening current account deficit. In our view the new modus operandi of the CBRT risks leaving the CBRT short of regular two way flow in terms of key market info. "
More:Balkans.com Business News : Political risks in Turkey appear to have toned down-RBS
