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USDTRY July 11, 2018 Weekly Analysis

Exclusive Capital Ltd.

The future of the Turkish Lira seems ominous after Erdogan has changed the CBT law. The Turkish currency once again turned volatile thus increasing market fears that the monetary policy framework will change. This decision raises doubts whether Lira will likely either return to normal levels or the introduction of capital controls is to take place.

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Exclusive Capital Ltd. Review

Source: https://www.exclusivecapital.com/usdtry-july-11-2018-weekly-analysis/
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