7:29 PM · 20 December 2021

BREAKING: Enormous volatility on the Turkish lira

We can observe solid volatility on the Turkish lira during the last hour. TRY was declining at the beginning of the day, but now it is gaining dramatically. Looking at the pair USDTRY, we observe a 20% downward movement! So far, there is no information to explain such a large strengthening of the Turkish currency.

Souce: xStation5

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