USD/TRY: The lira depreciates further north of 30.0000

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Further selling pressure keeps hurting the lira and propels USD/TRY to a new record high near 30.6000 at the beginning of the week. Unsurprisingly, the Turkish currency depreciated further on Monday and bolstered the still unabated upward bias in USD/TRY, this time further north of the 30.0000 mark, and it should be a matter of […]