Page 14 - TURKRptDec20

“Wavelength is too big in FX. USD/TRY Daily highest-lowest 5-day average.” (@scornek)
“Market pursuing volatility. USD/TRY one-week implied volatility.”
It’s a pity but the decision makers in Turkey either have no idea or do not care about the problems that currency volatility brings.
14​ TURKEY Country Report​ December 2020 ​ ​www.intellinews.com