Carry Trade Brings Billions Back to Turkey on Iran Deal Optimism

Turkish markets are seeing a surge in foreign investment as the carry trade strategy becomes increasingly attractive. With high interest rates and a sense of stability returning, investors are pouring money back into the country, driven by optimism surrounding the potential US-Iran peace deal. This influx of capital could bolster Turkey's economy, providing a much-needed boost amid ongoing geopolitical uncertainties. The renewed confidence underscores how global diplomatic shifts can significantly impact financial markets.