TRY Market Update
13 Jun 2026 • 01:23 GMT
The Turkish lira (TRY) has experienced some softening against the US dollar recently. Currently, 1 USD buys about 0.02163 TRY, which is roughly 2.4% weaker than its 3-month average of 0.02216. The TRY/USD exchange rate has been quite stable within a narrow range, moving between 0.02161 and 0.02264.
This decline comes as broader US dollar strength eases. Recently, the dollar's rally has slowed due to cautious outlooks on US monetary policy and shifts in geopolitical tensions. While the dollar remains supported by expectations of continued Fed interest rate hikes, recent data shows a more balanced path ahead.
In comparison, the TRY has also weakened slightly against the euro, trading near its 90-day lows at about 0.01868 EUR per TRY, down 1.9% from the 3-month average. against the Japanese yen and the British pound, the TRY is also slightly weaker, trading below their respective 3-month averages.
Overall, the TRY remains fairly stable but shows signs of modest depreciation against the dollar and other major currencies, influenced by Turkey’s monetary policies and global risk sentiment. Keep an eye on geopolitical developments and US interest rate expectations, as these could further impact the TRY outlook.
📊 Quick forecast view
🔴 Mild downside
0.0210 – 0.0220
🌍 Global risk sentiment
🔴 Downtrend
