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US giants Pimco, Vanguard invest in Turkey after its return to rate hikes

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05 January 2024
Financial
  • Previous Article China closes local government offshore financing loophole
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Business & Finance

Reuters reported[1] U.S. investment giants Pimco and Vanguard have bought local Turkish assets in recent months, betting that the country will maintain high interest rates after years of erratic policymaking under President Tayyip Erdogan.

Read more https://www.reutersagency.com/en/reutersbest/article/us-giants-pimco-vanguard-invest-in-turkey-after-its-return-to-rate-hikes/

  • Previous Article China closes local government offshore financing loophole
  • Next Article Not so sweet: India may need to import sugar as planting wanes

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