The Central Bank of the Republic of Turkey (CBRT) heeded the call of President Recep Erdogan to loosen monetary policy>...
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
USDTRY gives up over 0.57 percent despite Turkey’s Central Bank (CBRT) cut the one-week repo auction rate by 425 basis...
USDTRY gives up over 0.60 and continues the retreat for sixth consecutive day reaching five month lows despite Turkey’s Central...
The Turkish Central Bank has announced measures to boost lending in the Turkish economy, effectively joining the league of central...
USDTRY gives up 0.05% today at 5.7591 but continues the rebound from 5.45 recent lows to two-week highs. The pair...
USDTRY gives up 0.54% today at 5.7986 as the bull run from 5.45 recent lows (August 8th) is intact. The...
USDTRY gives up 0.90% today at 5.7656 as the bull run from 5.45 recent lows (August 8th) stopped at 5.8480,...
USDTRY gives up 0.98% today at 5.6896 after CBRT delivers a 325 bp interest rate cut to 16.50% more than...
At the time of writing, the Turkish Lira was up by approximately 0.85% vs. the Euro as the Turkish Central...
The USDTRY is up in Monday trading as Turkey’s unemployment rate climbed to 13% in June, up from the 10.2%...