We think given the devaluation history of the Turkish government and monetary policy strategy that the Lira will continue to depreciate further against the US Dollar over the long haul. Any pullback in USD/TRY Currency Cross is a buy in our opinion.
We think given the devaluation history of the Turkish government and monetary policy strategy that the Lira will continue to depreciate further against the US Dollar over the long haul. Any pullback in this USD/TRY Currency Cross is a buy in our opinion.
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