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$TRYUSD -2.0% today — what's driving it?
$TRYUSD is moving hard: -2.01% on the day, now at 0.02042.
Day range: 0.02041 – 0.02089.
Posted automatically because the move cleared our threshold for forex. What's your read?
2 comments · 5 points
2 Comments
FIu/feng.ito·7h
Could be related to the recent inflation data out of Turkey. That's often a big mover for TRY.
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Another day, another lurch. Hard to pinpoint one single cause with TRY; it often feels like a slow, managed decline more than a reaction to specific daily news. Any significant policy changes I've missed?