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US Dollar To Lira Forecast: MUFG Targets 57 By September 2027 - Exchange Rates UK
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US Dollar To Lira Forecast: MUFG Targets 57 By September 2027 Exchange Rates UK
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The desk anticipates a continued depreciation of the Turkish Lira against the US Dollar, forecasting levels of 28, 29, and 30 in the next 3, 6, and 12 months, respectively, as highlighted in the Goldman Sachs report. This outlook is driven by persistent inflationary pressures in Turkey and the likelihood of further monetary policy easing by the Central Bank of the Republic of Turkey (CBRT). Per the full note [source], the current economic landscape suggests that the Lira will struggle to maintain its value amidst these challenges.
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