Welcome to another debt crisis in economic history 8!
It's been a while since I tracked the #usdtry pair. For comparison, you can find my past reviews below.
Concerns over
- high inflation rate
- low interest rates compared to the sidereal inflation rate (enag)
- high levels of debt
- external financing needs
- geopolitical tensions
- high-level gov. corruption
- pressure on the parity by carry trade
imo the parity should stabilize around 55-65 until the end of the year.
Concerns over
- high inflation rate
- low interest rates compared to the sidereal inflation rate (enag)
- high levels of debt
- external financing needs
- geopolitical tensions
- high-level gov. corruption
- pressure on the parity by carry trade
imo the parity should stabilize around 55-65 until the end of the year.
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