Without key structural reform being implemented to the Turkish economy, the exchange of the Turkish Lira against the U.S. dollar could plunge to 8.00 by the end of 2018 according to a forecast by leading Nordic bank SEB. This would equate to 40% below the current level of the beleaguered currency.
Without key structural reform being implemented to the Turkish economy, the exchange of the Turkish Lira against the U.S. dollar could plunge to 8.00 by the end of 2018 according to a forecast by leading Nordic bank SEB. This would equate to 40% below the current level of the beleaguered currency.
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