The Central Bank of the Republic of Turkey (CBRT) has, as expected, left the 1-week repo rate unchanged at 19%....
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
The USD/TRY declined intraday as the Central Bank of the Republic of Turkey (CBRT) raised the reserve requirement ratios for...
The Central Bank of the Republic of Turkey (CBRT) has elected to keep the interest rate in Turkey unchanged at...
USD/TRY is on a bearish consolidation pattern ahead of the Turkish retail sales. In the prior release, TURKSTAT indicated that...
USD/TRY has eased after Turkey’s President Erdogan made remarks that pushed the pair to its all-time high on Tuesday. Late...
The USD/TRY hit new record highs this Wednesday after President Recep Erdogan of Turkey hinted at future rate cuts. The...
USD/TRY has eased ahead of the Turkish GDP data on Monday. Analysts expect the country’s economy to have expanded by...
The USD/TRY price is little changed today even after Recep Erdogan changed the composition of the Central Bank of the...
USD/TRY is on a consolidation pattern ahead of the Turkish retail sales. Investors will be keen on whether the released...
USD/TRY is on a bearish consolidation pattern ahead of the CRBT one-week repo rate decision. On Monday, TURKSTAT released lower-than-expected...