On 30 June, the TRY traded at an all-time low of 26.1 per USD, which marked a staggering 21.8% month-on-month...
News Category: Exchange Rate
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Turkey: Lira plummets as Turkey embarks on path of economic orthodoxy -
Turkey: Erdogan’s victory pushes lira to an all-time low On 1 June, the TRY traded at an all-time low of 20.8 per USD, which marked a 6.3% month-on-month depreciation.... -
Turkey: Turkish lira ends 2021 on a rollercoaster ride The Turkish lira suffered in the days ahead of the Monetary Policy Committee meeting on 16 December, and it ended... -
Turkey: Turkish lira nosedives after Central Bank’s November meeting The Turkish lira nosedived following the Central Bank’s announced rate cut on 18 November, and it has continued to set... -
Turkey: Lira slides to new record low as Central Bank delivers unexpected rate cut The Turkish lira tumbled drastically at the close of Q3, reaching a new all-time low of TRY 8.92 per USD... -
Turkey: Lira slides to new record low amid rising geopolitical tensions The Turkish lira traded at TRY 8.35 per USD on 30 October, which marked a 7.5% month-on-month depreciation and a... -
Turkey: Turkish lira plunges in April on coronavirus fears On 3 April, the Turkish lira traded at TRY 6.73 per USD. This marked a 9.3% depreciation from the same... -
Turkey: Turkish lira plunges in April on coronavirus fears On 3 April, the Turkish lira traded at TRY 6.73 per USD. This marked a 9.3% depreciation from the same... -
Turkey: Lira’s collapse intensifies pressure on country’s corporates and summons ghost of financial crisis The Turkish lira has tumbled against the dollar in recent weeks, from around TRY 5.00 per USD at the beginning... -
Turkey: Lira slides to fresh all-time low on political noise and mounting economic imbalances The Turkish lira (TRY) slid to a new all-time low in late March as concerns over mounting economic imbalances were...