Analysts at Rabobank noted the prospects for a higher Turkish Lira at te start off this week.
Key Quotes:
“Over the weekend Turkey finally released detained US pastor Andrew Brunson, who immediately turned up at the White House. Raw US power appears to have seen Turkey bend to demands for his freedom, and TRY is likely to find relief from the following Trump tweet: “I don’t make deals for hostages. There was, however, great appreciation on behalf of the United States, which will lead to good, perhaps great, relations between the United States & Turkey!”
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