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John 1,201 posts

The Argentina thing is completely different because nobody is trying to predict the future exchange rate, it’s only about getting the best rate at the time you are there, and I believe the point is that now using card is only a few percentage points away from bringing cash and needing to find a safe place to exchange it.

Medium term the Turkish lira is only headed one way, but over a period of a month it might even appreciate slightly. For example end of January it was 20.7 lira per € and end of February it was 20.

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