It seems congratulations are in order, well done to anyone who bought down in the $3.50's last week. I didn't pull the trigger as I still want to see how the Argentinian debt issues go.
I found the linked article this morning which gives 27 Feb in New York as the next key date in the saga.
I also understand what others here have said that the soveriegn risks to TRY are not huge either way, I'm just cautious and we all assess risk differently.
Time will tell if $3.50-60 was a brilliant buy.
TRY Price at posting:
$2.85 Sentiment: None Disclosure: Not Held
