Lira to Drop More Than 5% in 6 Months on Inflation, TD Bank Says
By Selcuk Gokoluk Jan 6, 2014 10:52 AM ET
The Turkish lira will depreciate to 2.3 per dollar in the next six months as tax increases and pre-election spending will stoke inflation, according to The Toronto-Dominion Bank.
More:Lira to Drop More Than 5% in 6 Months on Inflation, TD Bank Says - Bloomberg