Tag: lira

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Turkish lira collapses on high inflation as USD/TRY hits 31.5000

Turkish lira collapses on high inflation as USD/TRY hits 31.5000

USD/TRY gained on inflation data The USD/TRY currency pair appreciated by 0.59% on Monday, setting new all-time highs above the 31.5000 mark. This si [...]
Turkish Lira becomes top crypto trading pair on Binance in Sept 2023

Turkish Lira becomes top crypto trading pair on Binance in Sept 2023

The Turkish Lira (TRY) became the most dominant fiat trading pair on Binance in the month of September, according to the crypto exchange’s research.Tu [...]
Yen’s underperformance likened to Turkish lira and Argentinian peso By Investing.com

Yen’s underperformance likened to Turkish lira and Argentinian peso By Investing.com

Investing.com  |  Editor Venkatesh Jartarkar Published Nov 01, 2023 03:58PM ET Th [...]
Most Turkey depositors returned to forex after leaving lira scheme

Most Turkey depositors returned to forex after leaving lira scheme

* Scheme protects deposits from FX depreciation* Adopted in 2021 to halt lira crash* After U-turn, Ankara wants to wind it down* Bankers, data suggest [...]
TRYB Stablecoin Backed by Turkish Lira From BiLira Ranks Second to Tether’s EURt in Non-Dollar-Backed Tokens

TRYB Stablecoin Backed by Turkish Lira From BiLira Ranks Second to Tether’s EURt in Non-Dollar-Backed Tokens

Still, even though TRYB looks to have gathered traction in Turkey, USDT remains dominant. In the past 24 hours, the USDT/TRY pair listed on the larges [...]
TRY/USD: Turkish lira to USD and pound exchange rates gets oversold

TRY/USD: Turkish lira to USD and pound exchange rates gets oversold

The relentless Turkish lira plunge moderated this week as state-owned banks restarted their support in the forex market. The Turkish [...]
Erdogan and the Turkish Lira Eye Redemption from Policy Pivot

Erdogan and the Turkish Lira Eye Redemption from Policy Pivot

TURKISH LIRA KEY POINTS: Trading Strategies and Risk Management Global Macro Recommended by Zain Vawda READ MORE: Bitcoin (BTC/USD) Posts a [...]
Turkish lira extends losses as Ankara loosens grip on forex market

Turkish lira extends losses as Ankara loosens grip on forex market

Lira hits fresh record low versus dollarFall shows move towards freely traded currency - economists'No air of panic' in markets, says traderInvestors [...]
Lira plunges more than 7% as Turkey edges towards free market

Lira plunges more than 7% as Turkey edges towards free market

Currency in worst selloff since historic 2021 crashAfter election, state's FX-stabilising measures loosenErdogan signalled policy U-turn in naming Sim [...]
Turkish Lira Fell 7% This Morning as Potential Policy Shift Gains Momentum, USD/TRY Above 23.0000

Turkish Lira Fell 7% This Morning as Potential Policy Shift Gains Momentum, USD/TRY Above 23.0000

USD/TRY PRICE, CHARTS AND ANALYSIS: Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the Dai [...]
Turkish Lira Fell 7% This Morning as Potential Policy Shift Gains Momentum, USD/TRY Above 23.0000

Turkish Lira Fell 7% This Morning as Potential Policy Shift Gains Momentum, USD/TRY Above 23.0000

USD/TRY PRICE, CHARTS AND ANALYSIS: Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the Da [...]
Turkish Elections and Implications for the Lira as USD/TRY Eyes Fresh Highs

Turkish Elections and Implications for the Lira as USD/TRY Eyes Fresh Highs

TURKEY ELECTIONS AND USD/TRY UPDATE: Recommended by Zain Vawda Get Your Free USD Forecast READ MORE: Breaking News: UK E [...]
FOREX-Dollar rises to 5-week high on inflation worries; lira falls

FOREX-Dollar rises to 5-week high on inflation worries; lira falls

By Kevin BucklandTOKYO, May 15 (Reuters) - The U.S. dollar rose to a five-week high against major peers on Monday, buoyed by inflation worries at home [...]
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