EUR/TRY — News Archive

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Turkish Lira Rallies Despite Interest Rate Cut

The Turkish lira rallied today despite the fact that Turkey’s central bank decided to lower its one-week repo auction rate.

Lira Strong Despite Turkey’s Slowing Inflation

The Turkish lira managed to gain today even after Turkey’s inflation slowed more than was expected.

USD/TRY Rises as Tensions Between USA & Turkey Flare

The Turkish lira fell against the US dollar today after geopolitical tensions between the United States and Turkey flared.

Turkish Lira Opens Sharply Lower After Sacking of Central Bank’s Chief

The Turkish lira opened sharply lower today compared to the Friday’s close after the news that Turkish President Recep Tayyip Erdogan sacked central bank’s governor Murat Cetinkaya, giving the office to his deputy instead.

Slowing Inflation & Prospects for Interest Rate Cuts Don’t Prevent Turkish Lira from Rising

The Turkish lira rose today despite slowing inflation and prospects for interest rate cuts from the nation’s central bank.

Turkish Lira Rallies After Central Bank Hikes Policy Rate

The Turkish lira gained today after the nation’s central bank increase some of its interest rates and talked about possibility of more hikes in the future.

Turkish Lira Rebounds After Four Sessions of Losses

The Turkish lira remained extremely volatile, rising today after four consecutive sessions of losses.

Turkish Lira Extends Decline on Monday

The Turkish lira continued to fall today after halting its recovery last week. For now, it looks like the decline did not affect other currencies.

Turkish Lira Halts Recovery, Falls vs. Dollar & Euro

The Turkish lira halted its rebound and fell versus the US dollar and the euro today as concerns about the situation in Turkey resurfaced.

Turkish Lira Continues to Recover, Boosted by Qatar Investment

The Turkish lira continued to recover, rising for the third straight trading session against the US dollar and the euro today.

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