USD/TRY forecast: Lira outlook darkens ahead of CBT decision

The USD/TRY exchange rate has surged to a record high as the US dollar index (DXY) soared and as the Central Bank of the Republic of Turkey (CBRT) prepares to cut interest rates. The pair soared to a high of 35.25, up by about 22% this year. CBRT interest rate decision The USD/TRY exchange rate […]