USD/TRY: Turkish Lira Surges after the CBRT Shocked Markets with 750 Basis Points Rate Hike

<p>USDTRY was sharply lower on Thursday, falling two full figures so far, following unexpectedly big CBRT’s rate hike. Steep fall from new record high (27.242) posted on Wednesday, hit so far the lowest in nearly two months, with prospects for deeper drop, as lira received strong support from the central bank’s latest decision. The CBRT […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/515792-usd-try-turkish-lira-surges-after-the-cbrt-shocked-markets-with-750-basis-points-rate-hike/">USD/TRY: Turkish Lira Surges after the CBRT Shocked Markets with 750 Basis Points Rate Hike</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>