FX:USDTRY   U.S. Dollar / Turkish Lira
With the Currency Protected Deposit, the exchange rate increase in the returns so far brought the annual interest of KKMs between 110% and 55%. Therefore, the turns continued to KKM. However, a move is coming that will reverse the situation, by bringing the exchange rate down and bringing the yields to 14-17% interest rates, strict measures have been started to be taken to both the value of the currency and the transactions made in foreign currency, in order to prevent everyone from turning into foreign currency at the end of the maturity, regardless of the exchange rate cut.
That's why it can affect the USDTRY to increase to 20-25 Turkish Lira per Dollar and after that, it can fall between 5-8 Turkish Lira per Dollar to Control the prices...
Trade closed: target reached


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