In our last post on the Turkish lira, we explained that we remain cautiously optimistic. But at the same time, our old USD/TRY forecast of 35.0 (for end-2024) now looks more accurate than our recently revised forecast of 34.5 (revised 21 September).
In our last post on the Turkish lira, we explained that we remain cautiously optimistic. But at the same time, our old USD/TRY forecast of 35.0 (for end-2024) now looks more accurate than our recently revised forecast of 34.5 (revised 21 September).
Here is the dot plot from September 2024 meeting:Here is the NEW...
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