Morning Note /
Global

Turkey: The Lira’s crazy move after the market close

  • After the markets close, Lira gained to as high as 13.19 against USD after touching 13.94 earlier in the day

  • Quotations after Turkish markets close can wildly swing as liquidity in general is very low and we are back to 13.65

  • Government has adjusted the Special Consumption Tax brackets

Batuhan Ozsahin
ATA Invest
13 January 2022
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