The lira's hopes no longer lie with the CBRT - ConsultFX

The lira's hopes no longer lie with the CBRT

The Turkish central bank is in no position to save the lira following Erdogan's comments earlier just one sentence   The only thing capable of saving the lira now is Erdogan's so-called "new measures to prevent volatility/fluctuations". As mentioned before, if that doesn't involve capital control measures, then the lira is very much expected to fall further still