Buy price
49.9104
49.9104
49.9104
Information regarding past performance is not a reliable indicator of future performance.
The lira keeps setting record lows, falling past 46 per dollar by mid-year as oil prices pushed inflation to about 32%.
The central bank has held its policy rate at 37% at every meeting since its Q1 cut. A mid-year market survey put USD/TRY at 51.55 by year-end.
Levels for 26 to 30 Oct: Support 48.0 and 47.0. Resistance 50.0 and 51.55.
Next catalyst: Central bank decision on 10 Dec
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USD/TRY
USDTRY
49.9104
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