Turkish lira price forecast: New monetary regime, USD/TRY at all-time low
Freshly re-elected Turkish president Recep Tayyip Erdoğan appointed a new finance minister, Mehmet Şimşek, on Saturday. Şimşek began his tenure with a promise to return the nation to “rational” policies, following years of unorthodox monetary and fiscal moves which have served to crush the lira, the currency shedding two thirds…
June 6, 2023