GBP/TRY Different Perspectives

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    On 22 September, The Central Bank of the Republic of Turkey maintained its interest rate policy, last changed in February of 2015. The carefully balanced benchmark overnight lending and borrowing rate, 10.75% and 7.25% respectively had so far proved relatively successful dampening accelerating inflation. In addition, Q2 GDP growth measured an above consensusi 3.8%. As the moment, Turkey is on ‘center stage’ not as much for its economic policy, but for its strategic geographic location. Wars

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