The failed coup attempt in Turkey, resulting in one of the largest purges in democratic society’s history, has not changed the regional economic outlook to any meaningful degree, a UBS research piece noted. Its still a buy based on valuation among other issues, as the Swiss-based investment bank reiterates its original overweight rating. Other banks are not so certain, taking a more wait and see attitude while recognizing the potential value play.
Authoritarianism no concern to UBS, who says Turkey a buy
Turkey, a traditionally secular nation amid a majority...
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