forexsarawak

Will TRY down with Global Equties Sell Off?

Long
FX_IDC:EURTRY   Euro / Turkish Lira
If Turkish inflaion is contained then continued economic growth should keep demand for TRY intact. Most important is the Private USD and EUR financing by the Turkish Private Sector should be contained. If contained then it will give stability and room for CBRT to maneuver.

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