Forecast US dollars up US investment bank: to exceed level 5



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US investment bank Morgan Stanley predicted that the dollar / TL exchange rate will exceed 5 levels in the last quarter of the year. According to the bank's forecast, the dollar / TL rate will be 4.90 at the end of the third quarter of this year.

THE LAST QUARTER OF THE YEAR / TL 5.05

According to the bank's estimates, it will be 5.05 USD / TL in the last quarter of the year. With these estimates, the bank was the first to pronounce Level 5 among the institutions that explained the dollar / TL estimates after the elections.

PROROGATION IN 2019

According to the bank's estimates, the dollar / TL rate will gradually decline in 2019. As a result, the bank expects the first quarter of 2019 to be at the level of 5 at the end of the year. year and 4.85 in the second quarter of the year. At the end of 2019, the bank again predicts a level of 5.

DECREASE AFTER THE SECOND QUANTITY OF THE YEAR

Morgan Stanley notes that the Turkish economy is posting a high growth rate of 7.4% in the first quarter, but expects a slowdown in growth in the second quarter of 2018 reported. "The slowdown in the economy is due to the direction of fiscal policy in the second half of 2018," Morgan Stanley said, saying the recent tightening of policies and market volatility will reduce growth in the economy. Turkish economy at 4% or less. Turkey continues its 2018 per cent GDP growth forecast to 4.2 as Morgan Stanley, pointing out that the risks weighing on these forecasts are down sharply.

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