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TRY rate continues to improve, with....>

TURKISH LIRA
TURKISH LIRA: TRY rate continues to improve, with USD/TRY falling through
Friday's low with little support or deceleration. USD/TRY now sits below the
50-dma at Try5.9563 - a close below here would be the first since February 22nd.
Turkey's Erdogan continues to speak with little policy developments. He comments
that Turkey are on the verge of overcoming attacks on the its economy, adding
that the economy is rebalancing through measures taken, meetings held and
programmes developed.

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