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Turkish Lira Plunged Again on Erkan’s Resignation and Poor Inflation Data
News
Turkish Lira Plunged Again on Erkan’s Resignation and Poor Inflation Data
Feb 06, 2024
The Turkish lira is under pressure again, because of a combination of factors, including just another jaw-dropping...
Turkey's Central Bank Raises Key Rate to 25 Percent
News
Turkey's Central Bank Raises Key Rate to 25 Percent
Aug 25, 2023
Yesterday, on August 24, the Central Bank of the Republic of Turkey (CBRT) raised its key discount rate by 750 poin...
The Coca-Cola Company (KO) Q2 2023 Earnings Beat Estimates
News
The Coca-Cola Company (KO) Q2 2023 Earnings Beat Estimates
Jul 28, 2023
The Coca-Cola Companyshowed decent footing and ability to withstand rough time by beating, once again, earnings exp...
Turkish Lira Sinks to Fresh Lows Defying the Central Bank’s Interest Rate Hike
News
Turkish Lira Sinks to Fresh Lows Defying the Central Bank’s Interest Rate H...
Jun 23, 2023
The Turkish lira “welcomed” the new head of the Central Bank of Turkey, and it seems that the markets do not yet be...
High Inflation, Depletion of Foreign Reserves Make Turkish Lira More Exposed to Accelerating Decline
News
High Inflation, Depletion of Foreign Reserves Make Turkish Lira More Expose...
May 23, 2023
The steep decline in the level of foreign exchange reserves of Turkey's central bank raised fears of an impending "...
Despite Upbeat Sales Growth, Coca-Cola Posted Decline in Operating Margin and Negative Cashflow
News
Despite Upbeat Sales Growth, Coca-Cola Posted Decline in Operating Margin a...
Apr 25, 2023
The Coca-Cola Company (KO) yesterday, on April 24, released its Q1 results and they appeared quite spectacular.
Turkish Lira: Broken, but Not Defeated
News
Turkish Lira: Broken, but Not Defeated
Apr 18, 2023
According to Bloomberg, Turkey’s central bank has requested local lenders to limit the amount of dollar purchases t...
Coca Cola’s Quarterly Report: Running against the Wind
News
Coca Cola’s Quarterly Report: Running against the Wind
Feb 15, 2023
The Coca-Cola Company (KO) yesterday, on February 14, announced that its Q4 net revenue rose by 7% on an annual bas...