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Suppose the Central Bank of Turkey decides to buy back its short-term Turkish government bonds. What effect will this policy have on the value of
Suppose the Central Bank of Turkey decides to buy back its short-term Turkish government bonds. What effect will this policy have on the value of Turkish Lira? : 1.The bonds yield to maturity will fall, which would strengthen the lira 2.The bonds yield to maturity will fall, which would weaken the lira .
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