TCMB

18 March 2021 Turkish Lira Forecast Upgrades Loom after CBRT Steers TRY Back onto Recovery Road

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…

19 November 2020 Turkish Lira Seen Reversing 2020 Summer Sell-off after TCMB Turnaround on Interest Rate Policy

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…

25 September 2020 Turkish Lira’s Troubles Ease after CBRT Rate Hike but Faces A Long Walk Out of the Dollar’s Woods

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…