When the world raises rates and you lower them, something is wrong with the country’s economy or leaders. The USDTRY’s drastic rally is due to the president’s interference with the central bank’s activities. Let’s discuss it and make a trading plan.

Quarterly fundamental forecast for lira

While most central banks raise rates to ruin their neighbors, Turkey ruins itself by softening monetary policy amid 80% inflation. Recep Erdoğan does not seem to worry about the lira’s 38% fall against the USD since the beginning of the year and the sharp fall in people’s living standards. He puts pressure on the… Read full author’s opinion and review in blog of #LiteFinance