Macro and politics
Tacirler Investment
*The CBT will release January Real Effective Exchange Rate today @14:30 local time. Taking into account the inflation realizations and the average Basket/TRY change, we expect the REER to rise to 69.2 in January, up from 67.1 in the previous month, reflecting a 3.1% real appreciation of the TL.
* The CBT will release the Monthly Price Developments report for January today @18:00 local time. The report is a technical one and does not contain a policy message. Still, the assessment of trend core inflation will be monitored closely.