Turkish Lira
Turkish Lira
''Markets are anxious about Turkish Lira & fear is building we could overshoot like in August 2018. This is NOT the same. Markets were complacent over the summer & ignored key changes at CBRT back in March. This is just a belated catching up. There is no new "news" like in 2018''
By Robin Brooks @RobinBrooksIIF
Markets are anxious about Turkish Lira & fear is building we could overshoot like in August 2018. This is NOT the same. Markets were complacent over the summer & ignored key changes at CBRT back in March. This is just a belated catching up. There is no new "news" like in 2018... pic.twitter.com/rGcVereLoF
— Robin Brooks (@RobinBrooksIIF) October 18, 2021
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