THRESHOLD ALERT: USD/TRY falls below 50.00
THRESHOLD ALERT: USD/TRY falls below 50.00
The US dollar against the Turkish lira is now at $1 = 49.97, through the 50.00 line. Day move so far: -0.11 percent.
The lira level matters beyond the chart: every step weaker makes imports and energy bills dearer in Turkiye and feeds the inflation the central bank is fighting.
#Turkiye #Finance