Turkey's central bank's interest rate cut managed to raise the dollar parity to an all-time high
Next November is the time for the Turkish state to pay its foreign debts.
Even if the central bank keeps the interest rates constant until the end of the year, it is possible for the exchange rate level to reach 13.60 due to the payments to be made in November.
Next November is the time for the Turkish state to pay its foreign debts.
Even if the central bank keeps the interest rates constant until the end of the year, it is possible for the exchange rate level to reach 13.60 due to the payments to be made in November.