Turkey's treasury deficit reached 33.6 billion lira in November. This figure is regarded as an important indicator of the country's financial situation. Developments in the state budget are closely linked to macroeconomic conditions and inflation dynamics, and it has become a data point that investors experiencing surge in global money markets need to pay attention to.
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EyeOfTheTokenStorm
· 18h ago
33.6 billion lira, as soon as this number came out, I knew the lira would be under pressure. From a technical perspective, there are already obvious signs of short positions forming. Those going long need to be careful as the bottom has not yet been completed.
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BearMarketMonk
· 12-22 19:00
Turkey is in deficit again, 33.6 billion lira is neither a lot nor a little, it just depends on how to fill the gap later.
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SeeYouInFourYears
· 12-22 19:00
The deficit figure in Turkey is really outrageous, what concept does 33.6 billion lira represent... With inflation being so fierce, they still have to keep burning money.
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MEV_Whisperer
· 12-22 19:00
The deficit figure in Turkey... I have to say it really puts pressure on us long positions, inflation is indeed a major weapon.
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WhaleWatcher
· 12-22 18:58
Turkey's deficit figures need to be handled properly, otherwise the lira will come under pressure again.
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UnruggableChad
· 12-22 18:47
Turkey's deficit has hit a new high? The lira is going to depreciate even more, and those who dare to buy the dip are really brave...
Turkey's treasury deficit reached 33.6 billion lira in November. This figure is regarded as an important indicator of the country's financial situation. Developments in the state budget are closely linked to macroeconomic conditions and inflation dynamics, and it has become a data point that investors experiencing surge in global money markets need to pay attention to.