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USD/TRY - US Dollar Turkish Lira

Real-time Currencies
Currency in
TRY
Disclaimer
32.5719
+0.0568(+0.17%)
Real-time Data

USD/TRY Discussions

Turkish government wants cheap lira. Albayrak declared himself that he supports "competitive" currency. They want to have cheap labor force and domestic materials to improve export sales.
 not cheaper than China or Mexico
 valueless currency does not mean welfare for the citizens - it means more poverty, but maybe an exit from current account deficit
Puhaha, its just an excuse for them. If it was the case, why they spent billions of dollars from central bank reserves to stabilise it.
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