USD/TRY: Hold decision by CBT had no noticeable impact – Commerzbank USDTRY Turkey Riksbank InterestRate
is therefore highly ‘bifurcating’ under the two competing scenarios, hence the market is justified in taking no strong position at this time.”
“Of course, all this is not to deny that the Lira’s inert response could be primarily because the currency has become increasingly disconnected from international markets as more and more capital controls have been imposed.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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