Turkish Lira in Crisis While Virtual Land Skyrockets
Real Vision: Finance & Investing
00:00
The Turkish Stock Exchange Rate Is on Fire
This is the turkish stock exchange rate. It like te last month, it's 20, 30% up. Why is that happening? Is it because the turkish equities are suddenly worth like, like this break out, you know, a level orr? Probably not, right. The actual cause is what they're being denominated in is getting weaker, and therefore the prices those equities goes up. You t lik thlike turkeys been on fire, but it's really not ine real us. D terms.
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