Turkey (TRY, Lira) Currency FX Analysis
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Turkey SWOT Statistics
Currency Strength Survey
The economy of Turkey is a mix of modern industry and commerce. The agriculture sector accounts for approximately 30% of employment. The largest sector of the economy is the industrial sector; two key products of this sector are textiles and clothing. These two products account for one-third of industrial employment. Turkey is among the world's leading producers of agricultural products, Automobiles, textiles, ships and other transportation equipment as well as, construction materials, consumer electronics and home appliances.
Lira Currency Analysis Update
Cotton is a the fiber grown to make yarn, thread and a textile called “cotton” that is the most widely used natural fiber cloth in the world. Cotton Fundamental Commodity Analysis (short term investment): Cotton is rated a Sell. Cotton demanders have a low investing potential and suppliers have a high potential to increase in value, so the net difference means prices may decrease over the short term. Cotton Value Investor Survey (long term investment): Cotton’s long term growth potential is moderately unfavorable due to low scores on short supply and substitute products. Turkey has a vibrant textile manufacturing industry that requires available supplies of cotton and wool.