The Turkish lira is trading at a new record level at 15 levels, the psychological level of the pair against the US dollar this morning, Thursday, December 16th, to achieve our last target in the weekly video, amid anticipation in the markets for the Turkish Central Bank meeting after less than five hours.

The markets are awaiting the Turkish Central Bank’s meeting today, Thursday, to announce its monetary policy and interest rates, as markets and analysts’ expectations rose that the Central Bank would continue to cut interest rates this week as well by 100 basis points to settle at 14%, in a cut for the fourth consecutive month, although the interest cut Since September has shown a backlash so far to inflation.

The lira came under strong pressure this morning, Thursday, after the Turkish President announced the replacement of two Finance Ministry officials, Saqr Erkan Gul and Muhammad Hamdi Yildirim.