The Lira turned back onto recovery road leading GBP/TRY, USD/TRY and EUR/TRY to topple on Thursday after the Central Bank of the Republic of Turkey (CBRT) more-than met expectations with its latest…
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The Lira outlook has improved since the Central Bank of the Republic of Turkey (CBRT) raised interest rates this week, leading Commerzbank to scrap forecasts for further punishing declines in …
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The Lira leapt higher against the Dollar, Pound and Euro on Thursday after the Central Bank of the Republic of Turkey (CBRT, TCMB) raised interest rates and announced a landmark shift in how i…
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The Lira was steady against major currencies on Wednesday even after reported remarks from President Recep Tayyip Erdogan that appeared to cast doubt over the country's interest rate outlook ahead …
Read more →The Lira languished at historic lows on Friday after the Central Bank of the Republic of Turkey (CBRT) disappointed investors by neglecting to lift interest rates following its October meeting, alt…
Read more →The Lira rallied further on Friday after regulators relaxed restrictions on currency transactions following a surprise interest rate rise from the central bank, although analysts say the road towar…
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