USDTRY

USD/TRY Off to 5-Week Highs Ahead of Next Week’s CBRT Decision

The USD/TRY has climbed to 5-week highs after Thursday's upbeat macroeconomic data provided a push for the greenback. Rising bond…

Sep 17, 2021, 13:59 BST

USD/TRY: Limited Downside Seen as CBRT Holds Rates

The USD/TRY is slightly lower after the Central Bank of the Republic of Turkey (CBRT) left the key one-week repo…

Aug 12, 2021, 12:43 BST

USD/TRY: Fed’s Tapering Sets the Tone for New Record Highs At 9.08

With the US adding nearly a million jobs to mark a pandemic high as reported by the US Department of…

Aug 09, 2021, 18:17 BST

USD/TRY Hits Multi-Week Lows As Weak GDP Data Hurts Greenback

The USD/TRY fell to five-week lows after conflicting data supported the Lira but hurt the greenback. On Thursday, the Bureau…

Jul 29, 2021, 18:38 BST

USD/TRY Trades Lower As CBRT Leaves Interest Rates Unchanged

The Central Bank of the Republic of Turkey (CBRT) has, as expected, left the 1-week repo rate unchanged at 19%.…

Jul 14, 2021, 19:35 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…

Jul 01, 2021, 19:34 BST

USD/TRY Surges As CBRT Leaves Rates Unchanged

The Central Bank of the Republic of Turkey (CBRT) has elected to keep the interest rate in Turkey unchanged at…

Jun 17, 2021, 15:16 BST

USD/TRY Enters Oversold Territory Ahead of the Turkish Retail Sales

USD/TRY is on a bearish consolidation pattern ahead of the Turkish retail sales. In the prior release, TURKSTAT indicated that…

Jun 11, 2021, 08:00 BST

USD/TRY: After Hitting a New Record High, Where to Next?

USD/TRY has eased after Turkey’s President Erdogan made remarks that pushed the pair to its all-time high on Tuesday. Late…

Jun 03, 2021, 05:52 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…

Jun 02, 2021, 17:01 BST

USD/TRY Forecast Ahead of Turkish GDP Numbers

USD/TRY has eased ahead of the Turkish GDP data on Monday. Analysts expect the country’s economy to have expanded by…

May 31, 2021, 05:46 BST

USD/TRY Seems to be on the Cusp of a Major Bullish Breakout

The USD/TRY price is little changed today even after Recep Erdogan changed the composition of the Central Bank of the…

May 26, 2021, 07:53 BST