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USDTRY

In this section, you will find important USDTRY news, actionable trading ideas, and a live USDTRY chart to help you understand how the Turkish Lira trades vs. the US Dollar.

USDTRY is the ticker symbol in FX markets that represents how many Turkish liras you can buy with one US dollar. The factors that affect USDTRY are the interest rates, the GDP growth, inflation, unemployment rates, balance of payments and other macroeconomic figures. The US Federal Reserve Bank and Central Bank of the Republic of Turkey are the two institutions that USDTRY traders follow in order to get an idea about the future moves of the pair. The new Turkish lira was introduced in 2005 following a massive devaluation of the previous lira value. USDTRY is a high volatility pair and price gaps happen very often as the Turkish economy is fragile.
Live USDTRY Chart

USDTRY Chart by TradingView

Forex

·Aug 18, 2020, 15:49 BST

CBRT Decision Preview: Will the USDTRY Hit New Record Highs?

On Thursday, August 20, the Central Bank of the Republic of Turkey (CBRT) will release the latest consignment of data...

Forex

·Mar 18, 2021, 12:32 GMT

CBRT Hikes 1-Week Repo Rate by 200 Basis Points; USD/TRY Targets 7.26

The Central Bank of the Republic of Turkey (CBRT) has raised its 1-week repo rate to 19.00%. The 200 basis...

Forex

·Dec 24, 2020, 07:50 GMT

CBRT Interest Rate Preview: Implications for the USD/TRY

The USD/TRY is falling for the second consecutive day ahead of the final CBRT interest rate decision. The weaker US...

Forex

·Jul 01, 2021, 19:34 BST

CBRT Raises FX Reserve Requirement, Prompting Decline in the USD/TRY

The USD/TRY declined intraday as the Central Bank of the Republic of Turkey (CBRT) raised the reserve requirement ratios for...

Forex

·Aug 20, 2020, 13:47 BST

Central Bank of Turkey Keeps Rates Unchanged – USDTRY Jumps Higher

USDTRY trade close to daily highs after the Central Bank of Turkey left its one-week repo auction rate unchanged at 8.25% for the second consecutive policy meeting.

Erdogan Fires Central Bank Governor, Cetinkaya

Forex

·Jul 08, 2019, 11:33 BST

Erdogan Fires Central Bank Governor, Cetinkaya

Turkish lira (USDTRY) gives up over 1.9 percent against the greenback after President Erdogan fired Murat Cetinkaya. Governor Cetinkaya, whose...

Forex

·Sep 12, 2019, 13:16 BST

EURTRY: Turkish Lira Could Add to Its Gains on Central Bank Rate Cut

At the time of writing, the Turkish Lira was up by approximately 0.85% vs. the Euro as the Turkish Central...

Forex

·Jul 23, 2020, 19:08 BST

Is There a Carry Trade Opportunity in the USDTRY Pair?

The Central Bank of the Republic of Turkey (CBRT) kept its repo rate unchanged at 8.25%, marking what looks like...

Forex Indices Market Brief

·Sep 18, 2020, 07:52 BST

Morning Brief: Dow Jones Retreats as DAX Index and Nikkei 225 Creeps Back Up

US stocks declined yesterday as traders reacted to the FOMC decision and the weak economic numbers from the US. The...

Forex

·Jun 24, 2020, 16:21 BST

Preview of CBRT Decision: USDTRY in Focus As 50bps Cut Expected

Will the CBRT cut rates by 50bps tomorrow or will there be a market surprise? Sign up to find out more about the CBRT rate decision tomorrow.

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