Tag Archives: Lira

MUFG Warns Political and Energy Shocks Could Push USD/TRY Towards 50.500 by Year-End

MUFG warns Turkish lira faces downside: politics, energy shock, thin reserves may drive USD/TRY toward 50.5.

USD/TRY hits record high as Turkish political turmoil and hawkish Fed shift weigh on lira

USD/TRY hit record 45.7778 as Turkish political uncertainty and hawkish Fed expectations weakened the lira.