USD/TRY: Lire weakening trend to resume barring a shift away from unorthodox policy settings – MUFG USDTRY Turkey Banks
Additional stimulus measures will add to concerns over the inflation outlook
“The parliamentary and presidential elections in May are still expected to prove pivotal for the outlook for policy and Lira in the year ahead. Unless there is a shift away from unorthodox policy settings after the elections, we expect the TRY weakening trend to resume.” Information on these pages contains forward-looking statements that involve risks and uncertainties.
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