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USDTRY US Dollar Turkey New Lira

32.3537
0.0085 (0.03%)
04 May 2024 - Closed
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
  0.0085 0.03% 32.3537 32.3517 32.3557 32.3537 32.3537 32.3537 0 04:59:15

Turkish Lira Falls To Record Low Against U.S. Dollar After Turkey Decision

22/10/2020 10:15am

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US Dollar vs TRY (FX:USDTRY)
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The Turkish Lira lost ground against the U.S. dollar in the European session on Thursday, after Turkey's central bank maintained its key rates, saying that it will continue liquidity measures until a significant improvement is achieved in the inflation outlook.

The Monetary Policy Committee of the Central Bank of the Republic of Turkey, led by Governor Murat Uysal, decided to hold the one-week repo auction rate, at 10.25 percent. Economists had expected the rate to be raised to 12 percent.

The Turkish Lira dropped to a fresh low of 7.9792 versus the greenback, from a new 2-week high of 7.7787 set at 6:00 am ET. The pair was worth 7.8091 at Wednesday's close.

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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