Lira goes to black market. Forecast as of 10.05.2023
No one trusts the official exchange rates of the lira anymore. The central bank and the government are making titanic efforts to prevent USDTRY from rising above 20, but the real exchange rate is different. Let's talk about this topic and draw up a trading plan.
Quarterly lira fundamental forecast
During the first 10 years of Recep Tayyip Erdogan in power, the Turkish economy quadrupled and consistently outperformed its G20 peers. In 2013, it reached $960 billion, but since then it has never crossed the $1 trillion mark. Growth at any cost resulted in an acceleration of inflation to 86%... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/41mqdvu
