Türkiye: A 350 bps rate hike will immediately trigger pressure on the Lira – Commerzbank

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Türkiye: A 350 bps rate hike will immediately trigger pressure on the Lira – Commerzbank
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Türkiye: A 350 bps rate hike will immediately trigger pressure on the Lira – Commerzbank USDTRY Turkey InterestRate Banks

The development of note, leading up to the Central Bank of the Republic of Türkiye rate decision, was a sharp devaluation of the Lira earlierA 500 bps rate hike will fall within expectations

Whereas a smaller 350 bps hike will immediately trigger usual short-term concerns and pressure on the Lira: CBRT has only limited degrees of freedom, rate hikes are already finished, and so on.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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