The Turkish Lira has depreciated against the US Dollar as Goldman Sachs analysts issue a caution regarding the best-performing carry trade. The USDTRY exchange rate trades at 39.25, showing an 11% increase this year but a decrease from the peak of 39.85 earlier in the year. This development raises concerns among traders about the sustainability of the Lira’s performance amid external pressures and economic uncertainties. Continued monitoring of macroeconomic indicators in Turkey will be crucial for assessing future trends in the USDTRY pair.