JP Morgan, One of the Largest Investment Banks in the US, Lowered Its Recommendation on Turkish Stocks

JP Morgan, one of the largest investment banks in the US, lowered its recommendation on Turkish stocks

While the economy is going through a difficult period due to the high interest rates that are being continued to fight inflation, negative developments have affected Borsa Istanbul. International investment bank JP Morgan announced that it has reduced the weight of MSCI Türkiye, citing high inflation, delayed interest rate cuts and weak TL. Here are the details...