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USDTRY US Dollar Turkey New Lira

32.59984
0.0315 (0.10%)
Last Updated: 13:48:09
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
  0.0315 0.10% 32.59984 32.59748 32.6022 32.71126 32.5647 32.5691 0 13:48:09

Turkish Lira Hits Record Low Against U.S. Dollar

28/05/2021 8:58am

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US Dollar vs TRY (FX:USDTRY)
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The Turkish Lira fell sharply against the U.S. dollar during the European session on Friday, as the latter rose across the board ahead of U.S. inflation data.

The personal consumption expenditures index, which is the Fed's preferred inflation gauge, is expected to show a spike in April. Concerns that a higher-than-expected figure could force the U.S. Federal Reserve to tighten its monetary policy pushed up the dollar.

The Turkish Lira was further weighed by a loose monetary policy despite accelerating domestic inflation.

The Turkish Lira fell to an all-time low of 8.60 against the greenback from Thursday's closing value of 8.48.

1 Year US Dollar vs TRY Chart

1 Year US Dollar vs TRY Chart

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1 Month US Dollar vs TRY Chart

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