The implied volatility of emerging market currencies during the past six months has tracked world market conditions. The main macro determinant of volatility in the whole EM currency complex is American monetary policy. As rates peaked at the end of 2022, so did emerging markets’ currency volatility, and volatility fell with US bond yields during […]
Tag: Turkish lira
Posted inTurkey
How Erdogan got back in the money
Posted inAT+
Erdogan’s Ponzi scheme comes apart
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Turkey on the hyperinflation vanguard
Posted inEgypt, European Union, France, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Middle East, Russia, Syria, Turkey, World