17 November 2021 Turkish Lira Well on Course for Worst Year on Record

The Lira spiralled to new lows that saw 2021’s losses against the Dollar and Pound surpassing the 40% threshold on Wednesday as a perfect storm of adverse conditions threatened to condemn the Turki…

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29 October 2021 Turkish Lira Heads for Rare Weekly Gain but Downgraded Forecasts Warn of Further Losses

The Lira was on course to post gains for the week on Friday, although the latest interest rate policy decision from the Central Bank of the Republic of Turkey (CBRT) has led analysts to cut forecas…

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21 October 2021 Turkish Lira Charts Warn of "Extreme Caution"

USD/TRY setback may be imminent, charts warn and "extreme caution" warranted says Commerzbank.

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23 September 2021 Pound-Lira Rate Could Struggle at 12.14 Even after CRBT Rate Cut

The Pound-to-Lira exchange rate was on route to late June highs around 12.14 on Thursday following a surprise interest rate cut from the Central Bank of the Republic of Turkey.

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17 September 2021 Turkish Lira Top of the Yield Crop and a "Carry Trade for the Brave"

The Lira is outbidding all others with its yield offering to international investors and Credit Agricole has flagged it as the number one ‘carry trade’ out there.

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