Dr_Piyasa

Aftermath of interest rate hike of CBRT 🙃

Long
FX_IDC:USDTRY   U.S. Dollar / Turkish Lira
The question is... What have been changed in the Turkish economy? 🤔

1) Is the price of petrol will decrease in Turkey? The answer is; NO...
2) Is the price of electricity will decrease in Turkey? The answer is; NO...
3) Is the pricing in housing market will decrease in Turkey? The answer is; NO...
4) Is the pricing in automobile market will decrease in Turkey? The answer is; NO...
5) Is the pricing of other goods and services in the market will decrease in Turkey? The answer is; NO...

So... Why usdtry is in the sharp fall?
(Actually it's not in the sharp fall but they are presenting us as a sharp fall 😉)

if this interest rate hike was real, all the prices in the market should started to decrease with respect to interest rate hike...

We believe; it may be another form of fx manipulation...



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