#Binance The most talked about currency events in Turkey right now. Currently, Mehmet Şimşek's administration cannot make interest rate cuts for institutions that do carry trading, they will now wait for the US interest rate cuts in September and October and say that they bought one dollar from their friend Qatar for 70 TL with the increasing dollar, but maybe they will buy it for 40 liras and fill their pockets.
Then they will tell trading companies that we will make interest rate cuts, withdraw your money in a controlled manner. With the 50 billion dollars that will come out of there now, the dollar will gradually increase to 40 liras.
When the dollar reaches the desired level, an interest rate cut will come in a meeting, the interest and money of the citizen will be devalued against the dollar. Oh, and you look at it overnight and the dollar becomes 49.
I would definitely say that you should invest your money in crypto as USDt for the last 3 months to save your money.
Some people say that there will be no houses, no cars, and nothing like that will happen. I personally experienced this when the dollar went from 3 lira to 6 lira, all the cars I had went up in price at the end of a year. In the meantime, due to the economic situation, the companies and firms that went bankrupt are the king of cash, especially the dollar is the king. Don't put your money in crypto in dollars instead of buying a ridiculous car or a house, you will probably buy two of those houses in April.
