Morning Note /
Turkey

Turkey: Lira weakens past 9 against USD

  • Turkish Lira has finally moved above 9 against USD and it looks like this will be the new floor going forward

  • We will give up some of yesterday’s gains with global markets all in the red but index will try to hold on above 1400

  • Private banks will have a very strong quarter

Batuhan Ozsahin
ATA Invest
12 October 2021
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