USDTRY

The dramatic decline in the Turkish Lira has been the headline move in currency markets this year with TRY having fallen by over 30% against the US Dollar as inflation spiraled out of control, last peaking at nearly 25%, as geopolitical… Read More

Turkish Lira has lost more than 40 percent of its value against the US dollar this year, raising concerns that Turkey's economy, heavily reliant on foreign currency loans, could have a negative impact on other emerging markets. Turkey's… Read More

Rates Unchanged At its latest rates setting meeting this week, the Central Bank of Republic of Turkey kept rates unchanged as expected, though the market was taken by surprise as the CBRT announces new monetary policy framework. At its May… Read More