USD/TRY forecast: Here’s why the Turkish lira is doomed

The Turkish lira is in trouble as concerns about the country’s economy continue. The USD/TRY exchange rate jumped to a record high of 20.16 after Erdogan won the election, setting the stage for status quo in fiscal and monetary policy. Similarly, the GBP/TRY and EUR/TRY continued surging as well. Turkish lira crash to continues The […]