Here’s why there may be more pain in store for Turkey’s lira on Friday
August 02, 2018 at 15:06 PM EDT
Turkey’s lira is having a bad week, hitting fresh all-time lows versus the U.S. dollar as relations between Washington and Ankara soured. But it could get worse on Friday, when Turkish inflation data is due, said Win Thin, global head of emerging market currency strategy, at Brown Brothers Harriman.