Bolat and Karahan Discuss External Trade: Critical Steps for Turkish Economy

Presidential Communications Director Fahrettin Bolat announced that his meeting with Central Bank Governor Hafize Gaye Karahan focused on external trade, exports, and the impact of global economic developments on Turkey. Bolat stated, 'We evaluated the latest developments in external trade, exports and imports, and the effects of global economic changes on our country,' while emphasizing that under President Recep Tayyip Erdoğan's leadership, the economic management continues to take decisive steps to strengthen the country's economic stability.

External Trade and Global Impacts

■External trade data remains stable, with exports gaining momentum.

■Global supply chain uncertainties are reducing foreign investors' risk perception towards the Turkish market.

■Inflationary pressures worldwide were highlighted, with TCMB policies noted as effective against these dynamics.

Policy Coordination and Growth Strategy

■Production, investment, and employment-focused growth strategy continues, with investments accelerating in this area.

■The external opening vision is being implemented, with stable export growth recorded.

■Collaboration between the Central Bank and the government is creating critical confidence in the externally open economic structure.

The market structure will be directly influenced by Central Bank Governor Karahan's export-focused statements. Particularly, the pressure on the currency (USD/EUR) used by exporters will increase liquidity risks. The BIST 100 index, supported by the Fibonacci 61.8% correction, could form strong resistance at the 35,000 level with the implementation of these policies. Ichimoku cloud movements suggest a fluctuation expectation between 32,500-34,000 in the short term.