Burak

@memetsimsek Gunumzde islem hacminin %60'i algoritmalar tarafindan yapiliyor. Bunlarin islemlerini engelleyecek bir islem vergisi piyasanin siglasmasina ve o da ciddi volatilite artisina ve o da etkin fiyat olusamamasina neden olur. Duzenlemede bunu dikkate alacaginizi saniyorum.

@aeelsherif @RobinBrooksIIF That's not a reflexive process. That would be: FX(-)->(inflation(+) & Current Balance(+))->FX(-) if the rising costs greatly depress the exporting and creates an even more trade deficit comparing the beginning. it would still be irrevalant in determining the fair val though

@RobinBrooksIIF Fair value estimates have no bearing when you have completely lost policy credibility. You can easily go into a self-fulfilling spiral of weaker FX-->higher inflation-->lower fair value (reflexivity). That tail risk is fat enough atm that no PM can long TRY even with +20% to FEER

For long-term investors, Turkey is a big opportunity. The über-bears are out in force with comparisons to Venezuela. But they're always bearish, so ignore all that. Weak Lira has already created a boom in export volumes, which will only build. Turkey is a HUGE value proposition.