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Maxim Rabnikov, an analyst at Standard & Poor's, said on Tuesday: "We are currently expecting a decline in value Turkish currency Constantly growing until 2022, "According to the Reuters news agency.
The level of nonperforming loans, with at least 90 days of arrears, will be around 8% by the end of the year, although bad debts will reach 15 to 20%, said banking analyst Majar Koumdian.
The ratio is higher Inflation in Turkey Three times more than average in countries with similar emerging markets, the country is in a basket containing countries with huge inflation rates such as Argentina (22.9%) and the United States. 39, Ukraine (13.6%).
In October, annual inflation reached 25.2%, reflecting investors in the housing sector, with losses of 17% in real terms.
As a result, there has been widespread stagnation in core areas of the housing sector, such as my city Istanbul and AnkaraIn all parts of the country, according to Turkish sources.
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"We currently expect that the Turkish currency will depreciate steadily throughout the year until 2022," said Tuesday the Standard & Poor 's analyst, Maxim Rabnikov.
The level of nonperforming loans, with at least 90 days of arrears, will be around 8% by the end of the year, although bad debts will reach 15 to 20%, said banking analyst Majar Koumdian.
Turkey's inflation rate is three times higher than that of countries with similar emerging markets. The country is in a basket including countries with huge inflation rates, such as Argentina (22.9%) and Ukraine (13.6%).
In October, annual inflation reached 25.2%, reflecting investors in the housing sector, with losses of 17% in real terms.
As a result, stagnation in core areas of the housing sector, such as the cities of Istanbul and Ankara, has spread to the whole country, according to Turkish sources.
