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Question 2: The graph below is the exchange rate of Turkish Lira over US dollar (TRY/USD) between January to September 2018. At the beginning of

Question 2: The graph below is the exchange rate of Turkish Lira over US dollar (TRY/USD) between January to September 2018. At the beginning of the year, the exchange rate was 3.776 lira per dollar. However, on 13th August Turkish Lira jumped to 6.9025 lira per dollar, a historic high against the dollar.

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