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Dollar yields highest real profits in March

by Daily Sabah

ISTANBUL Apr 10, 2015 - 12:00 am GMT+3
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by Daily Sabah Apr 10, 2015 12:00 am
The maximum monthly real profit rate was realized in the dollar in March, according to data released by the Turkish Statistical Institute (TÜİK) yesterday. According to the TÜİK report "Rates of Real Profits Created by Means of Financial Investment," the dollar yielded the highest monthly real profit with rates of 4.10 percent and 3.95 percent as per the Domestic Producer Price Index (D-PPI) and the Consumer Price Index (CPI), respectively.

According to the D-PPI, investors on the Borsa Istanbul Stock Exchange (BIST 100), the euro, deposit interests, Government Domestic Debt Instruments (GDDI) and gold (ingot) lost 6.70 percent, 0.71 percent, 0.64 percent, 0.54 percent and 0.27 percent, respectively. According to the CPI, investors in the BIST 100, euro, deposit interests, GDDI and gold (ingot) lost 6.83 percent, 0.85 percent, 0.78 percent, 0.68 percent and 0.41 percent, respectively. According to the report, the dollar made the highest real profit with rates of 9.99 percent quarterly according to the D-PPI, and 9.53 percent quarterly according to the CPI. In the same period, investors of the BIST 100 lost 6.38 percent and 6.77 percent according to the D-PPI and the CPI, respectively.
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  • Last Update: Apr 10, 2015 1:44 am
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