Turkey is growing fast, as is Turkish inflation - and that's all good for the Turkish lira, these traders say.
Robust inflation is the driver for the Turkish lira, says Andrew Busch, global currency and public policy strategist for BMO Capital. He expects the government to respond with higher interest rates, and of course higher rates tend to generate currency strength.
Turkey has a 4.3% CPI, Busch told CNBC's Melissa Lee, and he expects it to rise. Also, Turkey's latest current account deficit was higher than expected, and there are elections looming next month.