Buy
Sell
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
  0.06087 0.84% 7.294 7.289 7.299 7.29579 7.20186 7.2356 0 08:03:37

Turkish Lira Drops To 1-1/2-year Low Against U.S. Dollar

16/03/2020 8:49am

RTTF2


US Dollar vs TRY (FX:USDTRY)
Forex Chart


From Feb 2020 to Aug 2020

Click Here for more US Dollar vs TRY Charts.

The Turkish Lira fell sharply against the U.S. dollar during the European session on Monday, as investors awaited a rate reduction by Turkey's central bank on Thursday.

The benchmark lending rate is expected to be reduced by 50 basis points to 10.25 percent.

Turkish Treasury and Finance Minister Berat Albayrak said that the government is set to announce financial and economic measures this week as the number of confirmed cases tripled to 18.

The Turkish Lira fell to a 1-1/2-year low of 6.4072 against the greenback from Friday's closing value of 6.3306. If the Lira falls further, it is likely to test downside target around the 6.7 region.

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
ADVFN Advertorial
Your Recent History
FX
USDTRY
US Dollar ..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20200812 07:18:38