Why is Turkey’s lira dropping?—Video

Atilla YeşiladaPosted on

 

Turkey is the only G20 country operating this unorthodox monetary stance’

 

Timothy Ash, senior strategist at BlueBay Asset Management, discusses Turkey’s lira crisis after the currency recently hit historic new lows against the dollar this week, falling past 12 per dollar.

 

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ALSO WATCH: Understanding Turkey’s Phenomenal Currency Collapse | Real Turkey

 

 

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Published By: Atilla Yeşilada

GlobalSource Partners’ Turkey Country Analyst Atilla Yesilada is the country’s leading political analyst and commentator. He is known throughout the finance and political science world for his thorough and outspoken coverage of Turkey’s political and financial developments. In addition to his extensive writing schedule, he is often called upon to provide his political expertise on major radio and television channels. Based in Istanbul, Atilla is co-founder of the information platform Istanbul Analytics and is one of GlobalSource’s local partners in Turkey. In addition to his consulting work and speaking engagements throughout the US, Europe and the Middle East, he writes regular columns for Turkey’s leading financial websites VATAN and www.paraanaliz.com and has contributed to the financial daily Referans and the liberal daily Radikal.