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2.3 Exporters again demand weaker lira
“We think inflation and currency depreciation should somehow match. Our calculations suggest that the USD/TRY rate should be around TRY21-22,” Seref Fayat, president of the Turkish Ready Wear and Confection Assembly at the Union of Chambers and Commodity Exchanges, Tobb, which represents small and medium sized companies, said on November 8.
16 TURKEY Country Report December 2022 www.intellinews.com