Currencies Emerging markets Market Strategy

Market Focus (EM): Turkish Lira’s fallout resumes

Key takeaways Turkey is once again suffering from investors defiance toward its currency, as in 2018 and in March 2020, putting it apart from other emerging markets Turkey has adopted some unorthodox policies to support the Lira while essentially continuing its loose monetary policy, which fuelled a credit boom in 1H 2020 A further weakening […]