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USD/TRY surges above 10.00 as fears Turkey is headed for hyperinflation

by Joel Frank
17 November 2021
in Forex
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USD/TRY has surged to the north of the 10.00 level this week in anticipation that rising gas prices and further rate cuts from the CBRT risk fuelling an inflationary spiral that could send Turkey into a state of hyperinflation.

For more trading details, please check the hyperlinks with time stamp indicated from the video:

0:25 USD/TRY

Tags: CBRTTurkeyUSDTRY
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