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USD/TRY - US Dollar Turkish Lira

Real-time Currencies
Currency in
TRY
34.4990
+0.0575(+0.17%)
Real-time Data

USD/TRY Discussions

Tcmb is selling dollar
By price action, I guess hedge fund switched to intraday longs. Do you guys see that reversal at the end of each day, followed by an instant uptick after we roll to the next day? (Or more visible on your own trading platforms than here)
Lira had enough rest time now the great Trump will shake it little bit ,
I think it will be mostly internal Turkey related ,,, dollar index soared 7% last few months while usdtry almost flat ,, so down to TCB monetary policy / inflation , Erdo mood etc.
My guess is they will try and push this until the Central Bank interest rate meeting on Thursday, then one last jump, a bit of a reversal, than sideways till new years.
Who buys Turkish lira ?? No one probably
why they stop at .29 what is the point:)
I dont know the answer but someone will reply to you in the next 3 months ,,, things have been slow in this forum since usdtry movements slowed …
Will TRY ever improve?
Yes, and it started vs. other currencies. It always help, when Erdogan is quite ;-)
Its been rather stable compared to previous years ,,, its also currently amongst the highest yields in the market ,, banks pay interest around 45% p.a. ( around 3.3% net return per month in lira after tax) with the lira falling avg 1% a month vs dollar,,, >2% net retun per MONTH in dollar terms since around March time ,, not a bad deal , obviously will not last long but has been a good fixed income play so far
my guess is usd will be 35 by end of year, only guess
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As i always say since it was 8, this is going up forever. Thank you president Erdogan for making us rich.
What you say is true. But there is a point to this. You can't go on in debt forever.
m.simsek resigned?
Not true newa
The people get the government they deserve😂
well i didnt deserve them but here i am
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here we go again
will it ever recover ????
32.20
Goodbye 32.-- USD/TRY. Your 4 month reign has ceased to be. You will be missed. 😢 In remembrance, I would like to thank you for a very profitable 4 months from my Ing Bank 45.5% APR (after taxes) savings account. Accordingly, the still existing KKM accounts thank you as they did not see any contribution to any debt and can't wrongly and unintelligently be blamed for it. I am sure those account holders thank you as well as they only suffered from the minor TL depreciation against their interest income over the 4 month span. Salute to you and fare thee well. 💖
Does anybody know what my icon is?
Nikkei 225 31,846.00 -4,071.50 -11.34%
Gold 2,486.65 +16.85 +0.68%
Nikkei 225 31,654.50 -4,263.00 -11.87%
Nikkei 225 31,856.50 -4,061.00 -11.31%
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Piece of shits, It is Turkiye not Turkey. I will cancel all my subscriptions
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what do you think what will happen when FED cut the rates?
Nothing 😁up and up until 60$
You mean that turkish liras/dollar parity will go up toward 1 dollar is equal 60 liras?
Guys, we have issue with carrytrade that making stable of currency at the moment. Fair currency around 44 or 43 but ytg prediction already mentioned as 37try/usd
hope down to 20 - 18 bcause us cpi down. but usd weak with other pairs
34 very soon
i hope down back to 25 -17.5 why? because inflation US down
nothing is impossible, this is just a prediction because it goes down, those of you who are fantasizing don't read the data, you just predict, don't be jealous bro
what's the correlation between us inflation and this pair?
the correlation is both going up
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Oh my goodness. I did not seen this chart until now. In the las 5 years the price has moving up 420% Who wants to travel to this country? Some Americans can live like kings in this country but there are a lot of risks living in there.
Let me correct many things that are wrong with your statement. I live in both countries and currently Turkey is more expansive than USA... So living like a King is not a true statement for many Americans. Talking about risks I am assuming you are talking about safety, if you are assuming you live like a King then you are in Istanbul, Bodrum or equivalent city and you are in neighborhoods like Nisantasi, Caddebostan etc... The crime rates in these places are very very low so your entire statement above is just a made-up comment...
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I am not saying that I am a king. I am referring to all American people have more purchasing power than any other country. I am actually from Mexico. I just made a mistake commenting without seeking the truth about Turkey situation. I have seen the stock market index of Turkey, and it is rising faster. Forget my comment. I am trying to not take this personal. Have a nice trade.
Turkiye has gotten very expensive. I travel twice a year and year 2022 lived like a king. Ice cream for 9 people was $20. Same place Today it was $60. Everyting is out of control. The Government is suppressing the currency from going up too much. Inflation is always been out of control, like in the %80 range. This should be around 50 but thst means less value for Turkish Lira. Just my 2 cents. GLTA.
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