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As per Google finance, will the Turkish Lira trade at 0.066 dollars or higher on July first?
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Thereโs very little hope when it comes to monetary policy of Turkey. Iโd stick to the same position until we get a sign of monetary policy change. This is very unlikely to happen as long as the current government is in power.
Elections are on the horizon though. This one will be a tight call in any case. In addition, itโll have huge implications for monetary policy.
Iโd be totally interested in participating in TRY related markets in this period :)
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