Mon, 18th Apr 2011 07:00 ISTANBUL, April 18 (Reuters) - Here are news, reports and events that may affect Turkish finan
cial markets on Monday.
The lira stood at 1.5130 against the dollar in early interbank trade after closing at 1.5146 on Friday.
The Istanbul share index closed up 0.7 percent to 68,450.46 points, outperforming the MSCI's benchmark emerging equities index, which was down 0.2 percent.
The yield on the new Feb 20, 2013 benchmark bond fell to 8.59 percent at the close of trading on Friday.
GLOBAL MARKETS
Asian stocks rose on Monday as investors bet that China's latest round of policy tightening won't dent prospects of a global economic recovery while the euro weakened on a broad wave of profit-taking.
China on Sunday raised banks' reserve requirements for the fourth time this year. The move was not a surprise as market players had predicted more tightening after last week's data showed an acceleration in inflation.
TSKB
Turkey's TSKB lender receives loans of $180 million and 87.8 million euros from International Bank for Reconstruction and Development to support exporters.
CONSUMER CONFIDENCE
Turkish consumer confidence data for March due 0700 GMT.
C.BANK POLICY
Incoming Central Bank Governor Erdem Basci gave a presentation of the bank's policy mix in Washington, highlighting that the measues taken by the bank had produced the intended results. He added that although the output gap had narrowed it hadn't closed.
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