The Turkish economy entered a new era after the May elections, with the announcement of the Medium Term Program outlining 3-year economic targets and policies.
According to the UK-based Financial Times, this economic recovery is attracting foreign investors back to Türkiye.
Foreign funds are showing a willingness to test the waters in Türkiye, and the recent revision in Ankara’s economic policy has attracted the attention of fund managers who had previously left the country. As a result, foreign investors are once again turning to Turkish stocks and bonds, it reported.
Recent months have witnessed a notable and positive shift in the interest of international investors in Turkish capital markets, according to the media outlet.
“The interest is broad-based with demand coming from the UK, Europe, US and the Middle East refocusing on Türkiye as an investment destination,” it detailed.
Since the start of June, foreign investors have injected approximately $1.4 billion into Türkiye’s equities market.
The Turkish economy stands at $900 billion.
“Investors are looking to invest across a broader range of listed Turkish clients beyond the main blue-chip names and exporters,” Financial Times stated.
By Breaking News Turkey