Currencies

CBR Hiked Key Rate to Highest Since May 2022 to 15 Percent

 Currencies

The Central Bank of Russia lifted the key rate by a whopping 200 b.p. to an eye-popping 15%.

October 27, 2023

views 1233
BofA Sees Turkish Lira’s Fair Value around 24 per USD

BofA Sees Turkish Lira’s Fair Value around 24 per USD

BofA Securities considers it to be a fair move to depreciate the lira by 15-25% in order to balance its long term and short terms financial accounts, regardless of who wins the May election.

March 31, 2023

views 1261

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