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Currently, USD/TRY spot is trading at 7.1064. At a 150-day investment horizon, the USD interest rate is 3.90% and the TRY interest rate is 12.50%.
Currently, USD/TRY spot is trading at 7.1064. At a 150-day investment horizon, the USD interest rate is 3.90% and the TRY interest rate is 12.50%.
Then the implied 150-day USD/TRY forward rate is _
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