Interesting piece by Ragip Soylu in Middle East Eye.
Looking at the last 20 years when inflation was in single digits then the Lira was in single digits versus the Dollar/Pound. Will it return to this long term trend? How long will it take?
Never going back there. Question whether we see some nominal stability and real appreciation to help the heavy lifting against inflation.
Looking at the last 20 years when inflation was in single digits then the Lira was in single digits versus the Dollar/Pound. Will it return to this long term trend? How long will it take?
Never going back there. Question whether we see some nominal stability and real appreciation to help the heavy lifting against inflation.