USD/TRY forecast: can the Turkish lira be saved?

The Turkish lira rose slightly this week after the shock municipal elections in Turkey. The USD/TRY exchange rate slipped to a low of 31.76 on Monday and then rebounded to 32.18 on Tuesday morning. It has surged by more than 70% from its lowest level in 2023. Turkish lira woes have continued The Turkish lira […]