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USDTRY US Dollar Turkey New Lira

32.55458
-0.0001 (0.00%)
Last Updated: 04:08:50
Delayed by 15 minutes
Name Symbol Market Type
US Dollar Turkey New Lira FX:USDTRY Forex Exchange Rate
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.0001 0.00% 32.55458 32.51777 32.59138 32.5634 32.54742 32.5525 0 04:08:50

Turkish Lira At Near 5-week High Versus U.S. Dollar After Turkey Decision

24/12/2020 7:47am

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US Dollar vs TRY (FX:USDTRY)
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From Apr 2019 to Apr 2024

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The Turkish Lira moved up against the U.S. dollar in the European session on Thursday, after Turkey's central bank raised its key rate sharply for the second straight meeting to lower inflation.

The Monetary Policy Committee of the Central Bank of the Republic of Turkey governed by Naci Agbal decided to lift the key one-week repo rate sharply to 17.00 percent from 15.00 percent.

The bank had raised the rate by 475 basis points at the first MPC meeting of Agbal as governor in November.

The Lira reached as high as 7.52 against the greenback, its biggest level since November 20. The pair had ended Wednesday's deals at 7.63. The next possible resistance for the Lira is seen around the 7.0 level.

1 Year US Dollar vs TRY Chart

1 Year US Dollar vs TRY Chart

1 Month US Dollar vs TRY Chart

1 Month US Dollar vs TRY Chart

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