Wednesday, May 15, 2019

The Turkish Lira Outlook Deteriorates With A 70% Probability Of A Currency Crisis » Exchange Rates UK

The Turkish Lira Outlook Deteriorates With A 70% Probability Of A Currency Crisis
Posted by Elaine Housten in GBP to TRY, - 15 May 2019 08:13

The Turkish Lira remained choppy into Wednesday's session with early losses (0.6% versus the USD) more than ofsetting Tuesday's 0.49% recovery as market's with the release of Turkey's latest industrial production (down 2.2% annually) adding to the abundance of risk-factors already weighing on th Lira.

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