CBRT

USDTRY Turkish lira

USDTRY: 7.26 Beckons As Pair Sells Off Following CBRT Decision

The Turkish Lira gained strength for the 3rd straight session after the Central Bank of the Republic of Turkey (CBRT) left the interest rates unchanged at 17.00%. Further adding to the weakness of the USDTRY was the prevailing bearish sentiment on the greenback, as inflows pour into emerging market currencies […]

USDTRY

USDTRY: CBRT Governor Murat Uysal Sacked…

News flash: Turkey’s President, Recep Erdogan has reportedly fired Central Bank of Republic Governor Murat Uysal, barely 15 months into his tenure. News sources such as IG Squawk are quoting an official gazette as the source of the news report. This could have major implications of the Turkish Lira, which […]