Thursday, April 02, 2020

Turkish lira may weaken to 8 per dollar, says Japan’s largest bank | Ahval

Turkish lira may weaken to 8 per dollar, says Japan’s largest bank
Apr 02 2020 10:23 Gmt+3
Last Updated On: Apr 02 2020 10:29 Gmt+3
Turkey’s lira may drop to 8 against the U.S. dollar in a year as the spread of the coronavirus causes a “sudden stop” in emerging markets and record capital outflows, said analysts at Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank.

More:Turkish lira may weaken to 8 per dollar, says Japan’s largest bank | Ahval