Should you buy property as Turkish currency drops

Turkish Lira seems to have dropped off a cliff since the beginning of the third quarter of 2014. The general slide in emerging market currencies that started around May 2014 with the US Federal Reserve aiming to channel cash-flows toward the US instead of emerging markets, affected Turkey too. The first wave of slides that affected BRICS economies (Brazil, Russia, India, China and South Africa) only briefly touched upon Turkey

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