The US giant bank's USD/TRY forecast has been announced.
US investment bank Goldman Sachs maintained its bullish forecasts for USD/TRY.
In the bank's latest report, the USD/TRY exchange rate closed the week at 40.22, but its 3-month forecast remained at 41. The bank forecast 6 months to 43 lira and 12 months later to 45.
Considering the 45 lira forecast, the expectation of a 12-month increase in the USD /TL exchange rate is 12.5 percent.
In the bank's global foreign exchange report dated May 23, the 3-, 6-, and 12-month exchange rate forecasts for the Turkish Lira were announced as 41, 43, and 45, respectively. While the forecasts remained unchanged, the dollar/TL exchange rate has increased by 13.72 percent since the beginning of the year.
ekonomim
