But let's start from the beginning. Carry trade (not to be confused with curry spice ;) ) is an investment strategy that consists in borrowing money in a currency with a low interest rate, and then investing these funds in a currency with [...]

A day off in Turkey, the night and the sale of the dollar by state-owned banks - this made the Turkish lira exchange rate extremely strengthened overnight. Over the past day, it has risen to over $ 7,1. Goldman Sachs analysts in London say [...]

Carry trade is a strategy that uses the differences in interest rates in different countries. The interest rate on deposits and loans denominated [...] depends on the interest rates of the central bank of a given country.