Aftermath of interest rate hike of CBRT 🙃
The question is... What have been changed in the Turkish economy? 🤔
1) Is the price of petrol will decrease in Turkey? The answer is; NO...
2) Is the price of electricity will decrease in Turkey? The answer is; NO...
3) Is the pricing in housing market will decrease in Turkey? The answer is; NO...
4) Is the pricing in automobile market will decrease in Turkey? The answer is; NO...
5) Is the pricing of other goods and services in the market will decrease in Turkey? The answer is; NO...
So... Why usdtry is in the sharp fall?
(Actually it's not in the sharp fall but they are presenting us as a sharp fall 😉)
if this interest rate hike was real, all the prices in the market should started to decrease with respect to interest rate hike...
We believe; it may be another form of fx manipulation...
1) Is the price of petrol will decrease in Turkey? The answer is; NO...
2) Is the price of electricity will decrease in Turkey? The answer is; NO...
3) Is the pricing in housing market will decrease in Turkey? The answer is; NO...
4) Is the pricing in automobile market will decrease in Turkey? The answer is; NO...
5) Is the pricing of other goods and services in the market will decrease in Turkey? The answer is; NO...
So... Why usdtry is in the sharp fall?
(Actually it's not in the sharp fall but they are presenting us as a sharp fall 😉)
if this interest rate hike was real, all the prices in the market should started to decrease with respect to interest rate hike...
We believe; it may be another form of fx manipulation...
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