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 [...]
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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 [...]
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22 March 2021
Turkey is taking a step towards a currency crisis. Lira at opening -17%
The currency market reacted with the sharp sell-off of the Turkish lira to the dismissal of the president of the Bank of Turkey. Turkey is taking another step towards a currency crisis, and the zloty may backfire.
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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 [...]