The Turkish Lira is under the spotlight, following this weekend’s downgrading of the country’s credit rating by Fitch.
Basing its decision on the deterioration of institutional democracy and the loss of credibility of economic policies, a clear reference to President Erdogan’s decision to fire the central bank chief, the agency now rates Turkey’s sovereign debt as BB-, which is below investment grade and likely to keep the Lira under pressure.
Photo by Caglar Oskay.
Has undertaken a number of senior roles in his current employer including running the international desk, responsible for managing sales, customer services and marketing functions for a number of territories, as well as acting as a regular public speaker at events and contributor to TV and other media through interviews and market analysis. Since November 2016 he has been the Senior Executive Officer (SEO) of ActivTrades Dubai branch, having overall management responsibility of the branch. Prior to joining ActivTrades Ricardo worked in the IT and Financial industries.
© 2019 High Leverage FX - All Rights Reserved.
© 2019 High Leverage FX - All Rights Reserved.