🚨 REEL APPRECIATION IS ENDING, A NEW ERA BEGINS IN THE U.S. DOLLAR!


💥 A Critical Turning-Point Report from Goldman Sachs!
Policy Shift: The main objective of economic management is no longer only disinflation; priority is now to rein in the trade deficit.
🔥 The End of a 3-Year Currency Pressure!
An Unsustainable Model: The foreign exchange rate policy that has kept the currency far below inflation for years has now hit a bottleneck. Without credit restrictions, record current account deficits would have become inevitable.
🏠 Prices at the Peak, Balances Upended!
Absurd Pricing: In even the most remote neighborhoods of Istanbul, $300,000 homes have emerged, along with restaurant and vacation costs that are no less than abroad. Wages for unskilled labor have caught up with developed countries.
⚠️ Industry Is About to Throw in the Towel!
Competitiveness Has Been Zeroed: Due to aggressive real appreciation, major export-driving sectors such as textiles, white goods, and automotive have become unable to compete in the global market.
📈 New Exchange Rate Expectations: An Adjustment Around 25%!
A Rate Close to Inflation: According to Goldman Sachs analysis, the excessive real appreciation in the TL will be unwound gradually, and a currency correction toward the inflation path—around the 25% level—is on the agenda.
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