BIST100 is locked and loaded for a historical rally. This year, the index of 100 stocks of Turkey will outperform even in USD basis for the first time in decades. The mechanics of this is very complicated but can be summarized by jeopolitical structure. This is a 18 months lagging Argentinian IMV exchange in short words. Turkish Lira is NOT as weak as Argentinian Peso, yet is due to follow a similar path if not managed correctly.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.