Has the dawn of the Turkish lira arrived?!
7/3The announced Turkey6month CPICPI(Consumer Price Index))is as market expectations,72%and has declined from 75% in the5month,75%to a lower level. A fall in Turkey'sCPIis since inflation bottomed in May2023, an event after1year. Government projections show it will fall to38%by the end of the year, and by next year’s end10% range in the upper half. The outlook for the USD/TRY (Turkish Lira/Japanese Yen) will be explained.
× ![]()