USD/TRY: The risk of an acute Lira crisis looms – Dankse Bank USDTRY Turkey Banks
Time to fasten seatbelts as Erdogan secures another term
“In a scenario where Turkey ran out of foreign currency, Lira’s value would likely collapse, inflation would explode and goods shortages could occur. Turkish corporates with large foreign liabilities would face rising rollover risk.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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