the end of the slope from this mountain is not yet visible?
Updated
Regional activity of Mr. Erdogan with a multiply vector of conflicts between Syria, USA, Russia and other countries borders with Turkey is a main theme for further depreciation of TRY.
President Joe Biden became the first US president to officially recognize the massacre of Armenians under the Ottoman Empire as a genocide. This is a new risk.
Not legal and financial advice;
Any information provided here is only the personal opinion of the author.
President Joe Biden became the first US president to officially recognize the massacre of Armenians under the Ottoman Empire as a genocide. This is a new risk.
Not legal and financial advice;
Any information provided here is only the personal opinion of the author.
Comment
Well, today is March 11, 2024 and it takes some time (3 years) to get closer to the 4 lvl against JPY. At this stage I think it is already no sense to keep core short TRY.
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