Browsing Tag

Turkish Lira

USDTRY One Year On

It’s now been a year since we saw the crash in TRY. This crash led USDTRY to explode from around 5.25232 at the start of August 2018 to highs of 7.11745 in under two weeks. It has been an important year for Turkey. What began as a…

Orbex Market Flash

The economic crisis in Turkey, fuelled by spiraling inflation and a plummeting exchange rate, shows no signs of slowing down. The latest inflation data for the troubled country showed September numbers surging to a fresh 15 year high at…