美元/土耳其里拉:年终目标为55.0 – 德国商业银行
德国商业银行(Commerzbank)的塔塔·戈谢(Tatha Ghose)表示,土耳其央行维持政策不变,依赖外汇干预和临时流动性收紧而非加息后,他们的最坏情景成为现实。

德国商业银行(Commerzbank)的塔塔·戈谢表示,土耳其央行维持政策不变,依赖外汇干预和临时流动性收紧而非加息,导致他们的最坏情景成真。他认为,潜在的通胀回落已停滞,通胀预期上升,外汇储备减少,市场怀疑情绪加剧。德国商业银行现预测美元/土耳其里拉年底将达到55.0。

土耳其央行不作为预示里拉压力再度加剧

“我们最坏的情景在昨日土耳其央行(CBT)会议上成真:央行选择不收紧货币政策,理由是基本面正在稳步改善,且近期地缘政治发展仅作为外部干扰因素,应‘观察’其风险,但不会有太大影响。”

“核心通胀动能依然过高,且随着政策过早放松,经常账户的改善已开始逆转。在这种背景下,战争只是暴露了一个已经在走弱的框架,而非创造了根本性的新问题。”

“这一情况可能导致里拉再次承压,贬值速度更加明显。自4月初以来的年化贬值率约为47%。”

“我们预计美元/土耳其里拉年底将达到55.0,而市场预期约为52.0。”

(本文由人工智能工具协助生成,编辑审核。)

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