Turkish Central Bank didn't use its interest rate weapon today and keep it same. Yesterday, I told about it will put more pressure on USDTRY currency before FED's meeting. As we all know FED's tapering gossips make gain for USD and TRY has some diffucult times. My prediction for 2,30 levels for the parity USDTRY still same. Also, political tension is keep going. For the information, some of links are below:
http://www.bloomberg.com/news/2014-01-19/turkey-losses-mount-as-graft-backlash-brings-new-protests.html
http://www.hurriyetdailynews.com/us-expresses-concerns-about-turkeys-graft-crisis.aspx?pageID=238&nID=60834&NewsCatID=358
http://www.reuters.com/article/2014/01/18/us-turkey-corruption-idUSBREA0H08820140118
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