Skip to main content

Further downside for the Turkish lira

The Turkish lira has strengthened a little today, but it has been the worst-performing major EM currency this month. We have revisited our forecasts and we now expect further falls in the currency, taking it to 4.00/$ by end-2018 and 4.25/$ by end-2019 (previously 3.80/$ and 4.00/$, respectively).

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access