Turk­ish cen­tral bank sees lit­tle re­cov­ery in in­vest­ment sen­ti­ment

The Pak Banker - - FRONT PAGE -

ANKARA: Tur­key's cen­tral bank sees lit­tle sign of re­cov­ery in in­vest­ment sen­ti­ment, with weak con­fi­dence and global mar­ket un­cer­tainty pos­ing a risk to growth, it said in the min­utes of last week's mon­e­tary pol­icy meet­ing, re­leased on Tues­day. It forecast oil prices would con­tinue to fall this month, help­ing to ease energy in­fla­tion, but said weak ex­ports and a pos­si­ble de­cline in tourism rev­enues might limit the im­prove­ment in the cur­rent ac­count deficit.

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