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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

·Jul 22, 2019, 08:39 BST

USDTRY Looking for Direction

Turkish lira (USDTRY) gives up over 0.48 percent against the greenback as we approach Turkey’s central Bank next policy meeting...

Forex

·Jun 03, 2020, 09:12 BST

USDTRY: Selling Momentum Accelerates, Turkish CPI at 11.39%

USDTRY stabilize today after yesterday’s sharp losses amid USD weakness across the board. The USDTRY breached below the 50-day moving...

Forex

·Oct 28, 2020, 13:36 GMT

USDTRY: Lira Hits Record Low as CBRT Raises Inflation Target

The USDTRY slid 1% to a fresh record low of 8.30 versus the U.S. dollar after the Turkish central raised...

Forex News

·Aug 28, 2019, 13:17 BST

USDTRY Stops for a Breath en Route to 6

USDTRY gives up 0.54% today at 5.7986 as the bull run from 5.45 recent lows (August 8th) is intact. The...

Forex

·Jun 02, 2021, 17:01 BST

USDTRY Hits New Record High As Erdogan Hints At More CBRT Rate Cuts

The USD/TRY hit new record highs this Wednesday after President Recep Erdogan of Turkey hinted at future rate cuts. The...

Forex

·Oct 24, 2019, 12:25 BST

USDTRY Turns Higher After CBRT Cut Interest Rates to 14%

USDTRY adds 0.33% higher at 5.7496 after the central bank of Turkey cut interest rates down by 250 basis points,...

Forex

·Sep 23, 2019, 12:00 BST

USDTRY Trapped Between 100 and 200-day MA

USDTRY gives up 0.23% today at 5.7219 after three consecutive gains. Last week OECD revised the forecast for Turkish economy...

Forex

·Jun 25, 2020, 13:10 BST

USDTRY Unfazed After CBRT Keep Rates Unchanged

USDTRY continues almost unchanged after the Central Bank of Turkey cut the interest rates by 50 basis points to 8.25% from 8.75% surprising markets. CBRT cut the interest rate for ninth consecutive meeting the last 12 months.

Forex

·Mar 05, 2020, 10:15 GMT