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USDTRY US Dollar Turkey New Lira

32.5405
-0.0346 (-0.11%)
Last Updated: 15:22:32
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
  -0.0346 -0.11% 32.5405 32.5383 32.5427 32.6036 32.4215 32.5702 0 15:22:32

Turkish Lira Slides To Fresh Record Low Against U.S. Dollar

06/08/2018 11:31am

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US Dollar vs TRY (FX:USDTRY)
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The Turkish Lira slipped against the U.S. dollar in early New York deals on Monday, after the U.S. said it would review Turkey's duty-free access to U.S. markets after Turkey's retaliatory action on U.S. goods.

The U.S. Trade Department on Friday said that it was introducing a review of Turkey's duty-free access to US markets under the the Generalized System of Preferences, would could hurt $1.66 billion worth of Turkish imports into the U.S.

The review would focus on "the Turkish government's compliance with the GSP market access criterion and was prompted by the Turkish government's recent imposition of unfair and unwarranted tariffs on U.S. goods entering Turkey."

The Lira fell to a new record low of 5.1948 against the greenback, from last week's closing value of 5.0752.

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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