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Free AccessTRY witnessed a modest uptick..........>
TURKISH LIRA: TRY witnessed a modest uptick earlier and briefly traded under
Try6.5900 following headlines that said Turkey gives exporters 180 days to bring
proceeds back to the country, depositing at least 80% at a domestic bank.
However, the pair has since given back most of its early gains to hold around
the Try6.62 area. Markets again expected to be headline driven amid thin, choppy
trade.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.