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Apr. 25, 2011, 2:41 PM
Apr. 14, 2011, 5:32 PMA key force behind the unique Turkish policy of slowing the economy with lower interest rates and tighter reserve requirements, Erdem Basci has been appointed central bank governor. Basci faces tame (for Turkey) inflation, a speedy economy, and a current account deficit nearing 7% of GDP. YTD: TUR +4.2%, TKF +5.5%. | Comment!
Apr. 4, 2011, 2:28 PM
Mar. 31, 2011, 4:18 PMErsin Ozince, the head of Turkey's largest lender resigns after a public spat with the economics minister, who warned of "police-type measures" if banks don't cool lending. Referencing this month's arrest of 2 journalists, Ozince wondered if bankers were going to be next on the government's list. | 4 Comments
Mar. 31, 2011, 10:04 AM
Mar. 15, 2011, 11:38 AM
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Feb. 4, 2011, 11:48 AM
Jun. 6, 2008, 2:48 AMJudges in Turkey have overturned a constitutional amendment allowing headscarves. The current government, perceived as good for the economy, supported it, so Turkish stocks are down. Watch for declines today in the Turkey ETF (TUR) and closed-end fund (TKF), and Turkish stocks that trade in the U.S. | Comment!
TKF vs. ETF Alternatives
The Funds fundamental investment policy is to seek long-term capital appreciation by investing primarily in equity securities of Turkish companies. Its portfolio includes Turkish common stocks and short-term investments. The Turkish Investment Fund, Inc. i
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