ReutersReuters

Turkish banks slide after higher-than-expected inflation

Refinitivน้อยกว่า 1 นาทีในการอ่าน

** Shares in Turkish banks slide after inflation data came in hotter than expected

** The banking index (.XBANK) is down around 6%, while the broader benchmark index XU100 around 2%

** Turkish monthly inflation climbed to 2.04%, above the expected 1.8% increase according to a Reuters poll

** Seda Yalcinkaya Ozer of Integral Investment says the data fuels concerns over central bank's further policy rate cuts

** Turkish central bank is to convene for a policy meeting next Thursday

** Akbank AKBNK, Yapi Kredi YKBNK and Is Bankasi ISATR drop between 5% and 7%

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