SYFX

Turkish Lira Eyes Best Week in 40 Years, USD/TRY Rapidly Sinks in Illiquid Conditions

December 21, 2021 at 07:19AM

The Turkish Lira suddenly soared over 15% against the US Dollar in the aftermath of President Erdogan’s measures to support the currency. TRY is aiming for the best week in 40 years.

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