Turkish Lira in disgrace. The overnight swap rate has reached ... 1050%
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 [...]
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29 March 2019
Turkish short-term interest rate exceeded 1300%
This Wednesday the short-term interest rate on the Turkish offshore market reached a huge level of 1338%. It is known not from today that President Erdogan is not a supporter, on the contrary, many times he criticized [...]
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