content tagged with USD

Turkish Lira crashes to new low, USD exchange rate tops 15 lira

Turkish Lira crashes to new low, USD exchange rate tops 15 lira

Ahead of the Monetary Policy Committee meeting of the Central Bank today, December 16, the depreciation of the Turkish Lira has continued amid expectations that the policy rate will be cut further.

16 December 2021

USD exchange rate against lira on the increase: Almost 10 lira

USD exchange rate against lira on the increase: Almost 10 lira

The depreciation of the Turkish Lira (TRY) has gained pace. The exchange rate of the US dollar topped 9.97 TRY today, on November 11.

11 November 2021

Ahead of Central Bank’s interest rate decision, USD exchange rate against lira on the rise

Ahead of Central Bank’s interest rate decision, USD exchange rate against lira on the rise

The exchange rate of the US dollar increased from 8.43 to 8.65 Turkish Lira last week. Ahead of the Monetary Policy Committee meeting, where it will be decided whether the policy rate will remain unchanged or not, the dollar saw 8.72 earlier today.

20 September 2021

Turkey’s Finance Minister Albayrak: What matters is not the level of exchange rate

Turkey’s Finance Minister Albayrak: What matters is not the level of exchange rate

Hosting Finance Minister Albayrak on CNN Türk, Ahmet Hakan said, “I get panicked when the exchange rate of US dollar rises. Should we be concerned,” to which Albayrak responded: “Do you get your wage in dollars?”

Exchange Rate of US Dollar Hits 6.39 TRY, Falls Back to 5.80

Exchange Rate of US Dollar Hits 6.39 TRY, Falls Back to 5.80

Shortly after transactions started in Asian markets earlier today, the exchange rate of US Dollar hit 6.39 Turkish Lira. After a value loss of over 15 percent, the exchange rate has fallen back to the level of 5.80 Lira.