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USD/TRY forecast: Turkish lira crashes ahead of CBRT rate cut
USD/TRY forecast: Turkish lira crashes ahead of CBRT rate cut
  • The Turkish lira has plunged to a record low ahead of the CBT decision.
  • Economists expect the central bank to cut interest rates by 250bps.
  • The USD/TRY pair has formed a rising broadening wedge pattern.
January 22, 2025

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