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USD/TRY to advance nicely towards 9.15 by year-end – TDS

FXStreet.com
 2021-09-23

Cover picture for the articleThe CBRT unexpectedly cut the repo rate by 100bps to 18%. The lira will absorb most of the damage. Economists at TD Securities still forecast USD/TRY at 8.85 by end-Q3 and 9.15 by end-2021. “The MPC decided to cut the repo rate by 100bps to 18.00% when the almost...

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