The Turkish lira is the weakest currency on Monday as the unemployment rate in Turkey jumped to 14.7% - the highest level in more than 10 years! The lira is down against the dollar nearly 4% in April alone even though most of other emerging market currencies advanced in that time-frame. USDTRY trades at 5.80 and is close to a local high of 5.8425 from late March. There is also a strong zone between 5.90 and a psychological level of 6.00.
This page uses cookies. Cookies are files stored in your browser and are used by most websites to help personalise your web experience. For more information see our Privacy Policy You can manage cookies by clicking "Settings". If you agree to our use of cookies, click "Accept all".