TRY=X - USD/TRY

CCY - CCY Delayed Price. Currency in TRY
5.3807
+0.0035 (+0.0651%)
As of 10:40PM GMT. Market open.
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Previous Close5.377
Open5.376
Bid5.38
Day's Range5.36 - 5.384
52 Week Range3.9399 - 7.0738
Ask5.384
  • Investing.com19 hours ago

    Sterling Pushes Higher After MPs Grab Control of Brexit

    Investing.com -- Sterling is center stage again Tuesday morning in Europe after U.K. lawmakers voted on Monday night to take control of the Brexit process from the government of Prime Minister Theresa May.

  • Dollar edges lower as currencies retrace Friday’s moves
    MarketWatchyesterday

    Dollar edges lower as currencies retrace Friday’s moves

    Many currencies, including the majors, are retracing last week’s movements on Monday, leading to little action in the U.S. dollar and euro, as well as a rebound from losses in emerging markets.

  • Reutersyesterday

    EMERGING MARKETS-Stocks fall tracking global sell-off; Turkish lira recovers

    Emerging market stocks fell on Monday, tracking a global-sell off with investors ditching shares and piling into the safety of bonds on concerns over slowing global growth and fears of a U.S. recession. The U.S. dollar took a back seat, lifting most developing world currencies with Turkey's lira in recovery mode after plunging as much as 5 percent in the previous session. Weak economic data from Europe triggered a worldwide sell-off on Friday which worsened after more disappointing numbers from U.S. came in, fanning global growth fears.

  • Reuters2 days ago

    Turkish lira firms to 5.6775 against dollar after Friday's slide

    The Turkish lira strengthened to 5.6775 against the dollar in early trade on Monday, having tumbled more than 4 percent on Friday, its biggest one-day fall since a currency crisis took hold last August. ...

  • Investing.com2 days ago

    Markets Brace for More Volatility After Sell-Off Continues in Asia

    Investing.com -- The dollar is edging lower early Monday in Europe but holding on to most of the gains it made during Friday’s big risk-off movement in global markets.

  • Reuters4 days ago

    Turkish lira tumbles in echoes of last year's meltdown

    Turkey's lira plunged more than 4 percent against the U.S. dollar on Friday, its biggest one-day fall since a currency crisis took hold in August, raising concerns that Turks are buying more foreign cash as ties with Washington deteriorate. The average cost of funding in Turkey saw a near record jump. The lira was on track for its weakest close since October.

  • Turkey’s lira is tumbling amid renewed fears of an emerging-market selloff
    MarketWatch4 days ago

    Turkey’s lira is tumbling amid renewed fears of an emerging-market selloff

    Turkey’s lira is one of the worst performers against the U.S. dollar in Friday trading, as the greenback rallies more than 4.5%.

  • The Indian rupee just sent investors a ‘warning’ on emerging markets: analyst
    MarketWatch6 days ago

    The Indian rupee just sent investors a ‘warning’ on emerging markets: analyst

    Tuesday’s price action in the Indian rupee, that saw the currency hit a seven-month high and then retreat offers a warning to investors about emerging markets.

  • GuruFocus.com8 days ago

    William Blair Commentary: Turkish Lira Headwinds and Tailwinds

    While macroeconomic forces are favorable for the Turkish lira, we recently reduced our long exposure as geopolitical risks rise. The Turkish lira is currently one of the two largest long exposures in our currency strategy (along with the Philippine peso). The lira remains very undervalued, but we have concern that geopolitical risks may threaten it going forward.

  • Turkey’s technical recession underlines the dilemma facing the country’s central bank
    MarketWatch15 days ago

    Turkey’s technical recession underlines the dilemma facing the country’s central bank

    Turkey’s 2018 currency crisis comes home to roost, with data on Monday showing the country’s economy meeting a widely used definition of recession the final quarter of last year. What’s perhaps worse, is that Turkey’s central bank might not have the tools to get out of it.

  • Reuters19 days ago

    Turkish lira's decline continues on worries over Washington ties

    Turkey's lira weakened on Friday, continuing its decline due to worries over a possible deterioration in ties with Washington over Ankara's push to buy S-400 missile defence systems from Russia. Turkey and the United States have been at loggerheads over Ankara's decision to purchase Russian S-400 systems, which are incompatible with NATO systems. Washington has warned the move could jeopardise other defence industry deals between the NATO allies or even lead to U.S. sanctions.

  • Reuterslast month

    S&P sees Turkish lira falling till 2022, bad loan levels doubling

    Credit rating firm S&P Global expects Turkey's lira to fall steadily for the next three years and the level of bad bank loans to double to 8 percent in the next 12 months. "We see the currency steadily depreciating all the way to 2022" S&P sovereign analyst, Maxim Rybnikov, said during a webcast question and answer session on Tuesday. Banking sector analyst Magar Kouyoumdjian added that the level of non-performing loans (NPLs), defined as loans with payments at least 90 days overdue, would top out at around 8 percent around the end of the year although a broader definition of problem loans would reach 15-20 percent.

  • Reuters2 months ago

    Turkish lira weakens ahead of inflation report

    Turkey's lira weakened by nearly half a percent on Tuesday, a day before the central bank's inflation report and amid concerns that inflation will rise in the first quarter on the back of food prices. The central bank is expected to announce its quarterly inflation report at 0730 GMT on Wednesday.

  • Why the South African rand and Colombian peso appear most at risk for selloffs in 2019
    MarketWatch2 months ago

    Why the South African rand and Colombian peso appear most at risk for selloffs in 2019

    Last year was painful for emerging market currencies, but it looks like 2019 might not be much better.

  • Reuters2 months ago

    EMERGING MARKETS-Currencies gain as Turkish lira firms before rate decision

    Most emerging market currencies firmed against the dollar on Wednesday, with Turkey's lira strengthening ahead of a central bank rate decision, while stocks in the developing world notched a six-week peak. Turkey's central bank sets borrowing costs later in the day, with a Reuters poll predicting the key rate will remain at a formidable 24 percent despite moderating inflation. The lira was 0.8 percent firmer after hitting its strongest level against the dollar in more than a week.

  • Reuters2 months ago

    Turkish lira weakens after Trump comment on economic devastation

    Turkey's lira weakened against the dollar on Monday after U.S. President Donald Trump warned the United States would devastate Turkey economically if Ankara attacks a Washington-backed Kurdish militia in Syria. The lira, which lost nearly 30 percent of its value against the dollar last year, eased to 5.53 against the U.S. currency by 0736 GMT from a close of 5.4540 on Friday after touching 5.5450 in early morning trade. President Donald Trump threatened Turkey with economic devastation if it attacks a U.S.-allied Kurdish militia in Syria prompting response from Ankara warning for a fatal mistake.

  • Turkish lira slides as Erdogan rejects U.S. calls, threatens ‘necessary lesson’ to Kurds
    MarketWatch3 months ago

    Turkish lira slides as Erdogan rejects U.S. calls, threatens ‘necessary lesson’ to Kurds

    The Turkish lira fell sharply against the U.S. dollar as well as the euro on Tuesday amid a perceived hit to relations between Turkey and the U.S. over military involvement in Syria.

  • Reuters4 months ago

    Turkish lira weakens on concerns of looser monetary policy

    Turkey's lira weakened some three percent on Tuesday amid increased expectations of an early loosening in monetary policy after data showed the country's annual inflation rate eased in November from a 15-year peak. The lira fell sharply earlier this year due to investors' concerns over the central bank's ability to respond adequately to high inflation as it faces pressure from President Tayyip Erdogan to lower borrowing costs. Efforts to mend strained diplomatic relations with the United States have also supported the lira.

  • Reuters5 months ago

    EMERGING MARKETS-Emerging stocks falter, rising inflation hits Turkish lira

    Emerging market stocks fell for the first time in four days on Monday, hit by the prospect of faster rises in U.S. interest rates and uncertainty around the China-U.S. trade war, while data showing rising inflation hit the Turkish lira. U.S. jobs numbers on Friday bolstered expectations of another hike in rates in December, while hopes of a trade agreement between China and U.S. were quashed by comments from the White House. "The payroll data is a cause as (there is) anticipation of another Fed hike in the near-term and (that) may have weighed in on some emerging market currencies," said William Jackson, chief emerging markets economist at Capital Economics.