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USD/TRY

In January of 2005, a new version of the Turkish Lira was issued after the previous Lira's value fell so dramatically that the conversion was $1 to 1.5 million TRY. As the economy relies on foreign cash looking to earn short term profits on higher interest rates, any global headwinds and the subsequent risk off environment can lead to massive depreciations of the Lira. Although the nation wishes to join the Euro-Zone, political conditions in Turkey and economic issues in the EU continue to delay the process.

USD/TRY Rate

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Weekly US Dollar and Turkish Lira Trading Forecast

Symbol Forecast Outlook

US Dollar and Turkish Lira News

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Forex Economic Calendar

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Date Time Currency Event Importance Actual Forecast Previous Notes
Mon
Apr 14
12:30
USD Advance Retail Sales (MAR) 1.1% 0.9% 0.7%
Tue
Apr 15
12:30
LIVE
USD Consumer Price Index (YoY) (MAR) 1.5% 1.4% 1.1%
12:30
USD Consumer Price Index Ex Food & Energy (YoY) (MAR) 1.7% 1.6% 1.6%