Daily Archives: January 22, 2017

What Is The Next Move For Turkish lira price

Turkish lira Price Technical Analysis Forecast Update  The monetary policy committee meeting held next Tuesday, January 24, we anticipate that the CBRT [Turkey’s central bank] will hike the benchmark one-week repo rate by 50 basis points to 8.5%, and hike the overnight lending rate by 100 basis points to 9.5%. It is likely that the central bank will want to…

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