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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 near 90-day highs at 46.98, supported by the rate differential driven by Turkey's hawkish policy. Over the next few sessions, the pair may remain supported by the divergence in...
Currently, TRY/USD is trading close to its 90-day lows near 0.021284, well below the 3-month average. The pair remains supported by risk-off sentiment, which favors safe-haven currencies.
Currently, TRY/INR is trading close to recent lows and below its 90-day average, with risk-off sentiment supporting safe-haven demand. Pair remains within a stable 5% range, with short-term conditions suggesting sideways trading.
Currently, TRY/GBP is trading near 0.015881, close to its 90-day lows and 2.4% below the 3-month average. Risk-off sentiment driven by geopolitical tensions and oil-price sensitivities is maintaining downward pressure.
Currently, TRY/EUR is trading near its 14-day lows at 0.018639, close to the 3-month average, with recent range-bound activity. The pair remains supported by risk-off sentiment, but geopolitical uncertainties...
Currently, TRY/AUD is trading near 14-day lows at 0.030593, holding below its 3-month average and within a stable range. Risk sentiment dominates, with markets remaining sensitive to geopolitical and policy risks in Turkey.
GBP/TRY is currently trading near its 90-day high around 62.97, supported by the rate differential with Turkey's hawkish monetary stance. However, risk-off conditions and safe-haven flows are keeping the pair under pressure.
Currently, EUR/TRY is trading close to recent highs near 53.65, supported by Turkey’s hawkish monetary stance and risk-off sentiment. Over the next few sessions, conditions may remain supported by the rate...
Currently, CHF/TRY is trading close to recent highs around 58.13, supported by safe-haven demand amid global uncertainty. The pair remains within its recent narrow range and trading above its 3-month average.
Currently, AUD/TRY is trading near recent highs around 32.69, holding above the 90-day average of 32.46. The pair is supported by the rate differential, with the RBA hawkish stance and high copper prices...