A powerful roller coaster on the Turkish lira course
The Turkish Lira has regularly depreciated against major currencies such as the Euro and the Dollar over the last decade. However, this trend has clearly picked up in recent months. During the decade, the USD / TRY and EUR / TRY exchange rates increased [...]
584
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November 23 2021
Panic on the lyre, forint sale
It was hot in the currency market. Only today we have a panic sell-off of the Turkish lira, the Hungarian forint is record weak and the Polish zloty continues to weaken under the pressure of supply. This is certainly not the end of emotions for these and [...]
569
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August 6 2020
Turkish Lira in disgrace. The overnight swap rate has reached ... 1050%
A day off in Turkey, the night and the sale of the dollar by state-owned banks - this made the Turkish lira exchange rate extremely strengthened overnight. Over the past day, it has risen to over $ 7,1. Goldman Sachs analysts in London say [...]
1930
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29 March 2019
Turkish short-term interest rate exceeded 1300%
This Wednesday the short-term interest rate on the Turkish offshore market reached a huge level of 1338%. It is known not from today that President Erdogan is not a supporter, on the contrary, many times he criticized [...]
569
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