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Erdogan Put Helps Reverse Turkish Lira Meltdown.
#Turkey #Lira #dollar #TRY #gold #forex #volatility #interestrates #inflation #investors #Erdogan
In this report, we will look at the recent announcement from the Turkish government to help compensate individual investors in that country for foreign exchange risk.
Our conclusion is that even though the move by President Erdogan has helped stem the rapid decline of the currency it is still a big gamble.
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