- Turkey has seen approximately $30 billion in foreign-exchange carry trade positions as investors capitalize on high interest rates and resilient markets.
- Foreign positioning in Turkish local-currency bonds has reached approximately $15 billion.
- Recent inflows have been substantial, with at least $6 billion in carry-related capital entering the country last week alone.
Quotes
“Foreign investors are returning to Turkey, lured by high interest rates, resilient markets and fading geopolitical risks as the US and Iran move closer to a peace deal.”