Appearances

Central bank week in Russia and Turkey and their expected moves. The ECB and the BoE held no surprises

Central bank week in Russia and Turkey and their expected moves. The ECB and the BoE held no surprises

In Turkey, Erdogan heads almost all posts, while Elvira Nabjiulina continues her independent policy

Павел Бандилов в предаването „Денят с Веселин Дремджиев“

After Mr Erdogan appointed himself as the manager of Turkey’s investment fund, he quarreled with the central bank and its independent policy. What irritated him, except that you saw her taking actions that she didn’t agree with him, was that she raised interest rates. Turkey’s president is known for many things, but is best known for his lonely battle with interest rates. Over the past week, apart from all of the above, he banned the sale of apartments in other currency than the Turkish lira, as well as the football transfers to be made in the same currency. In my opinion, the latest news will blow up the football world, so the most logical thing is to expect a transfer of Valeri Bozinov from Vratsa to Anatola, naturally in Turkish lira. After comparing the Bulgarian city with New York, he is the only one who knows how Anatolia will be seen.

Veselin Dremdzhiev and I discussed the policy of the Russian bank, as well as what is happening in Europe and the United States.

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