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Despite the completion of the first round of elections on June 24 and the brief announcement of the new cabinet, the steady rise in the dollar rate for months has not stopped, the last night of the cabinet to $ 4.90.
Experts,
SOCIETE GENERALE: A year later, discovered about 5.50
Jason Daw, analyst at Société Générale, shares his notes with clients, saying: "weak bases, political risks and currencies emerging. With the hope of weakening in the second half of 2018 "that they continue to be pessimistic for the Turkish lira .SocGen is expected to increase by 9 percent to 5.15 TL at the end of the year and at 5.5 in mid-2019. Daw made the following assessments in his memo to clients: "Investors should evaluate the TRY's short position after ministerial appointments." One way to to do is move to the long position in ZAR / TRY Rand may be a way to reduce the negative carry effect that the read would have caused by switching to the short position.
BARCLAY'S S: END FROM THE YEAR 5.28
After the recent fluctuations in the wake, there is a series of explanations from international organizations.According to the British Barclays Bank, the USD / TL should know 5 levels at last quarter of this year, Barclays predicted that the dollar / TL would be 4.95 at the end of the third According to the bank 's forecast, the dollar will be at $ 5.10 at the end of the year
According to the Bloomberg report, the bank expects that the rate will USD / TL maintains its bullish momentum in the first two quarters of 2019. According to the latter, the bank, which predicts that the first quartile next year will be 5.15 kurs, predicted that the dollar / TL would reach 5.25 by the end of the second quarter of the year.
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