Analysis and market intelligence on fixed income, forex and equities in Asia, EMEA and Latin America

Economy / Turkey

Strong Lira Appreciation Over Medium Term

October 2007 | Currency Forecast

After appreciating an impressive 15.2% since August 17, to at one point trade at TRY1.2045/US$ on October 1, the Turkish lira is expected to continue making gains against the US dollar over the short term.

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