The Turkish lira continued its consolidation near its record low as investors braced for the second CBRT decision of the year. The GBP/TRY exchange rate was trading at 22.80, which was a few points be...
Tag: CBRT
fresh earthquakes ahead of CBRT decision
The USD/TRY exchange rate has been calm this month even as Turkey has experienced the worst disaster of 2023. The pair has remained at 18.86, where it has been stuck at for months. This price is a few...
CBRT sticks along & accelerates usage of Digital Lira
Turkey is determined to go ahead with the test on its Digital Lira after the central bank announced that it had concluded the first test. The Central Bank of the Republic of Turkey has added that it p...
Turkish lira at risk after the CBRT decision
The USD/TRY price has been in a consolidation phase in the past few months and is hovering near its all-time high. It was trading at 18.60, which was slightly below the all-time high of 19.25 ahead of...
Turkish lira forecast after the mild CBRT decision
The USD/TRY price continued rising after the Turkish Central Bank (CBRT) concluded its two-day monetary policy meeting. The pair is trading at 17.36, which is slightly below the all-time high of 18.32...
USD/TRY forecast and the CBRT interest rate decision preview
The Turkish lira continued its downward trend ahead of the upcoming interest rates by the Central Bank of the Republic of Turkey. The USD/TRY pair rose to a high of 16.36, which was the highest level ...
USD/TRY prediction: CBRT rate decision preview
The USD/TRY price is in a tight range ahead of this week’s Central Bank of the Republic of Turkey (CBRT) interest rate decision. The Turkish lira is trading at 14.60 against the US dollar, where it ha...
USD/TRY forms a rising wedge ahead of CBRT decision
The USD/TRY pair went sideways after the relatively strong Turkish retail sales data. It is trading at 14.68, where it has been in the past few days. This price is about 20% below its all-time high an...
USD/TRY signal and the CBRT interest rate decision preview
The USD/TRY pair has been in a bullish trend in the past few weeks as demand for the Turkish lira fades. The pair is trading at 14.68, which is about 43% above the lowest level this year. It is slight...
USD/TRY prediction ahead of the CBRT interest rate decision
The USD/TRY price is moving sideways as investors wait for the upcoming interest rate decision by the Central Bank of the Republic of Turkey (CBRT). It is trading at 13.60, where it has been in the pa...