USD/TRY Hits 45.25 on May 7: Is the Turkey $400K Property CBI a Natural Currency Hedge for a 45-Year-Old Cross-Border Trader?
May 7 USD/TRY at 45.25. Lira down 18% over 12 months. SPS escrow live since May 1, mandatory CBRT FX conversion, and a 3-year sale lock. Ken's actual ledger for a 45-year-old cross-border trader weighing the Turkey $400K route as a US E-2 second pathway.