Turkish Lira

Turkish Lira

Turkish Lira overview

The Turkish lira (Turkish: Türk lirası; sign: ₺; code: TRY; usually abbreviated as TL) is the currency of Turkey and the self-declared Turkish Republic of Northern Cyprus. The Turkish lira is subdivided into 100 kuruş.

1 TRY to USD exchange rates chart

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Turkish Lira news

Turkish Lira volatility gauges calm to lowest since August - Latest News

The Turkish Lira’s “implied” volatility hit its lowest since early August and broke through a key technical level on Nov. 14, as falling oil prices added to a general easing of worries around the currency in the last few months.

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Turkey’s central bank keeps rates unchanged after lira recovery - Latest News

The Turkish Central Bank left its benchmark interest rate unchanged on Oct. 25 as expected, after a mammoth 6.25 percentage point increase that has helped the lira recoup some of its losses this year.

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Falling Oil Prices Are Becoming an Emerging-Markets Catalyst

Last week’s slide in crude was partly behind the weakness in the Russian ruble, Mexican peso and Malaysian ringgit, according to Societe Generale SA. With oil wallowing in a bear market, Saudi Arabia expressed the need for oil producers to cut 1 million barrels a day from October levels and announced

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Italy's UniCredit, hit by Turkey, U.S. dispute, steps up cost cuts

By Valentina Za and Paola Arosio MILAN (Reuters) - Italy's top bank UniCredit <CRDI.MI> missed third-quarter profit forecasts after writing down its stake in a

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UniCredit trims capital guidance after dispute, Turkey hit

Italy's top bank UniCredit missed third-quarter profit forecasts after writing down its stake in a Turkish bank by almost $1 billion and covering for an expected settlement of an Iran sanctions case with the United States.

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