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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...
USD/TRY is trading near 90-day highs around 47.16, supported by the rate differential and Turkish hawkish policies. Near-term conditions suggest the pair may face downward pressure if risk sentiment improves,...
Currently, TRY/USD is trading near 90-day lows and below its 3-month average, pressured by risk-off sentiment. Over the next few sessions, the pair could remain under downward bias as global risk aversion...
Currently, TRY/INR is trading close to recent highs near 2.0501 and just below the 3-month average, supported by risk-off sentiment and rising safe-haven flows.
Currently, TRY/GBP is trading close to the mid-range, holding near the 90-day average. The pair shows a sideways negative bias, pressured by risk-off sentiment and geopolitical uncertainties.
Currently, TRY/EUR is trading close to 90-day lows near 0.018538, well below its 3-month average. The pair remains supported by risk-off sentiment and cautious global risk sentiment.
Currently, TRY/AUD is trading near the mid-range, holding within its recent 3.2% band and trading close to the 90-day average. Risk sentiment is the dominant driver, putting pressure on risk-sensitive...
Currently, GBP/TRY is trading close to recent highs, supported by the rate differential and the elevated Turkish interest rates. The pair is holding near its 3-month high within its recent range, indicating...
EUR/TRY is trading close to 90-day highs near 53.94, holding near the top of its recent range. The pair is supported by Turkey's hawkish monetary stance and high inflation, but the narrowing ECB rate hike...
Currently, CHF/TRY is trading close to recent highs, holding near the upper end of its recent range within 3.1% of its 3-month average. The pair is supported by risk-off flow and safe-haven demand amid global uncertainties.
Currently, AUD/TRY is trading close to recent highs, holding near its 90-day average and supported by the Turkish hawkish monetary stance. The pair’s position within its recent range indicates limited...