Audio analysis 18.07.2016

The Turkish lira managed to work-off some of the losses, but the dangers for the Turkish economy remain significant. A positive surprise from Fitch - rating, as well as perspective were not changed.

Marcin Lipka, analyst

This audio analysis is not a recommendation within the meaning of Regulation of the Minister of Finance of 19 October 2005. It has been prepared for information purposes only and should not serve as a basis for making any investment decisions. Neither the author nor the publisher can be held liable for investment decisions made on the basis of information contained in this commentary. Copying or duplicating this report without the written permission from Sp. z o.o is prohibited.

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