Reported 2 days ago
Pinebridge Investments and T. Rowe Price have highlighted the Turkish lira as a key emerging-market currency bet for 2025, citing its increased stability compared to the past. Supported by a central bank strategy aimed at combating inflation, the lira has attracted foreign investors with a policy benchmark of 50%. Despite concerns over potential depreciation, experts believe the currency will remain stable and recommend considering bonds as interest rates are lowered gradually.
Source: YAHOO