Even while sleeping, you can do wealth-building tricks! What is the alluring high-valued Turkish lira?
24The Turkish lira, which has hit an unprecedentedly high interest rate of %, is popular. This time, I would like to analyze the outlook for the Turkish lira from both fundamental and technical (using a P&F chart) perspectives.
Turkish lira Interest Rates
Current Status of the Turkish Lira Policy Interest Rate

Reference: Minku FX
https://fx.minkabu.jp/indicators/TR-TCMB
The above shows the evolution of the Turkish lira policy interest rate.
2016 Year12 Month8.00%、2018 Year5 Month16.50%、2018 Year6 Month17.75%、2018 Year9 Month24.00% and it shows a steady rise in policy rates.
Compared with Other Currencies

Reference: FX Dote Com Website
https://www.gaitame.com/markets/seisakukinri/
The above presents a table of policy rates for major currencies. You can see that the Turkish lira’s policy rate is exceptionally high.
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1st place: Turkey24%
2nd place: Mexico8.25%
3rd place: South Africa6.75%
To be continued,click here
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