Turkey’s lira is the most undervalued currency in emerging markets and will strengthen after the “temporary shock” of U.S. stimulus tapering is over, according to Societe Generale SA.
"Investors are showing less appetite to be aggressively bearish on the ruble as the oil plunge became less severe and investors saw that the central bank did not panic when the ruble plunged as everyone expected."
- Benoit Anne on Nov 23, 2014
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