Goldman Revises Lira Forecasts Stronger Again, Sees Flatter Path

December 20, 2020 0 By boss

After a shift in approach outlined by central bank Governor Naci Agbal, “markets are likely to give policy makers, but especially the lira, benefit of the doubt, given its roughly 15% nominal annualized carry, and the broader dollar bearish environment,” Goldman analysts led by Zach Pandl said in a report to clients.

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