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Several emerging-market currencies are trading at or near record lows against the US dollar, led by the Indian rupee and Indonesian rupiah. For travellers, expats and businesses, the moves are a reminder to compare rates carefully before sending or exchanging money.
Maximise your Aussie dollar abroad. Discover four travel destinations—New Zealand, Indonesia, Vietnam, and Türkiye—where the AUD currently stretches furthest, helping you save on every experience.
From the ancient wonders of Ephesus to the majestic Byzantine dome of Aya Sofya, Turkey is a treasure trove of world-renowned ruins and monuments. This land, once a vital stop on the Silk Road, bears the imprint of empires like the Romans, Byzanti...
Currently, USD/TRY is trading close to 46.23, holding near recent highs within its 4.8% range. The dominant driver remains the rate differential, with TRY interest rates at 45% and inflation elevated at 28.5%,...
Currently, TRY/USD is trading near recent lows and below its 90-day average. The pair is under pressure from risk-off conditions and US dollar strength.
Currently, TRY/INR is trading near its 90-day average, supported by risk-off sentiment and geopolitical tensions. The pair remains within its recent 3.7% range, reflecting cautious market conditions.
Currently, TRY/GBP is trading close to its recent lows within a narrow range, influenced by risk-off sentiment. The pair remains supported by global risk aversion and geopolitical tensions.
Currently, TRY/EUR is trading near 90-day lows around 0.018683, supported by risk-off sentiment and European hawkishness. The pair remains within its recent range, but the macro environment suggests a weaker near-term bias.
Currently, TRY/AUD is trading close to recent lows, holding near the 3-month average and influenced by strong risk-off sentiment. The pair’s decline reflects Turkish Lira weakness amid domestic risk concerns...
Currently, GBP/TRY is trading close to recent highs, supported by a rate differential that favors the pound amid risk-off conditions. The pair is holding near the top of its recent range, with the rate above its 90-day average.
Currently, EUR/TRY is trading close to its 90-day highs near 53.53, supported by the Turkish central bank’s higher interest rates and inflation signals. Over the next few sessions, the pair may remain...
Currently, CHF/TRY is holding near its recent range as the current drivers are not aligned clearly enough for a stronger directional call. Over the next few sessions, this balance may persist unless a clearer...
Currently, AUD/TRY is trading close to its 3-month high near 32.57, supported by a widening rate differential. With risk sentiment remaining pressured by global risk-off conditions, the pair is consolidating...