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RE: Our earlier discussion on the Turkish Lira

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Capitalist   Tuesday, 06/01/21 07:16:30 PM
Re: None
Post # of 42544 
RE: Our earlier discussion on the Turkish Lira (TRY) carry trade...

I mentioned at that time that Erdogan commonly bullies the Turkish central bank to keep rates artificially low. Well, he's at it again, as this article from ZeroHedge describes. The article even mentions the evaporation of the carry trading profits as the Erdogan's policies continue to drive the Lira into the dirt.

Visit the FOREX trading crew at #board-5125

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