Robin Brooks
@RobinBrooksIIF
Turkish Lira (orange) has been very stable since early March, even as war moved the rest of EM (white) all over the place. Last time this happened was mid-2020, when Turkish Lira went into a holding pattern at 6.80. At the time, our fair value was $/TRY 7.50 versus 16.50 now...
Kendime masallar.!!
Masallar dünyası.!!!
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