Due to the increase of the interest rates of turkey the same thing will happen as years ago. Turkey isn't doing well and it will be worse with the turkish lira.
My expectations are like this; in 1.5x the time which the previous collaps the collaps will be exactly 1,5x stronger.
Max till summer 2021 the Turkish Lira will reach above 12
"Turkey's external vulnerabilities are increasing likely to crystallize in a balance-of payments crisis" said Moody's.
My expectations are like this; in 1.5x the time which the previous collaps the collaps will be exactly 1,5x stronger.
Max till summer 2021 the Turkish Lira will reach above 12
"Turkey's external vulnerabilities are increasing likely to crystallize in a balance-of payments crisis" said Moody's.