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Turkish Lira Continues Blowout Nearing 20% Daily Decline, ZAR Caught in its Wake

Published: November 23, 2021

Turkish President Tayyip Erdogan’s support of rate cuts sends the Lira into a tailspin while the ZAR struggles to make headway in the aftermath despite recently raising rates

Source: dailyfx.com

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South AfricaSouth AfricanRepublic Of TurkeyRichard SnowTayyip ErdoganCentral Bank GovernorAfrican Reserve BankCentral BankEmerging Market Currency AnalysisTurkish LiraTurkish President Tayyip ErdoganBank GovernorSemih TumenParabolic MoveTreasury YieldsSouth African Reserve BankChinese Yuan