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Monday, December 11, 2017

The $42 Billion Reason Turkey's Lira May Not Be Cheap Enough Yet - Bloomberg

The $42 Billion Reason Turkey's Lira May Not Be Cheap Enough Yet
By Constantine Courcoulas
December 11, 2017, 9:39 AM GMT+1

The Turkish lira hasn’t been this cheap in more than a decade, but that’s done little to correct an economic imbalance that makes it vulnerable to more losses.

More:The $42 Billion Reason Turkey's Lira May Not Be Cheap Enough Yet - Bloomberg