Turkey Treasury Holdings in 2015
Turkey Treasury Holdings opened 2015 at $82B and closed at $65B, a -21.60% move for the year. The high of $82B was reached on January 31, and the low of $62B on October 31.
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $82B | $82B | $82B | $82B | +0.00% |
| Feb | $80B | $80B | $80B | $80B | +0.00% |
| Mar | $76B | $76B | $76B | $76B | +0.00% |
| Apr | $78B | $78B | $78B | $78B | +0.00% |
| May | $79B | $79B | $79B | $79B | +0.00% |
| Jun | $76B | $76B | $76B | $76B | +0.00% |
| Jul | $75B | $75B | $75B | $75B | +0.00% |
| Aug | $73B | $73B | $73B | $73B | +0.00% |
| Sep | $69B | $69B | $69B | $69B | +0.00% |
| Oct | $62B | $62B | $62B | $62B | +0.00% |
| Nov | $67B | $67B | $67B | $67B | +0.00% |
| Dec | $65B | $65B | $65B | $65B | +0.00% |
Events During 2015
The PBoC devalued the yuan by 1.9% in a single day on August 11, 2015, the first meaningful devaluation since 1994. Global risk assets convulsed.
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
The Swiss National Bank abandoned its 1.20 EUR/CHF floor on January 15, 2015. The franc immediately surged 30%, blowing up retail FX brokers and exposing the fragility of exchange rate commitments.
Related Metrics
Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.