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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 the highs, supported by risk-off sentiment and the rate differential. The pair is holding near recent highs, influenced by safe-haven flows into the USD amid geopolitical tensions.
Currently, TRY/USD is trading close to recent lows within its recent range, supported by risk-off sentiment and Turkey’s risk-sensitive stance. The pair remains trading below the 90-day average, indicating current weakness.
Currently, TRY/INR is trading close to its recent lows, holding near an average of 2.0754. The pair’s decline is supported by risk-off sentiment amid geopolitical tensions and elevated oil prices.
Currently, TRY/GBP is trading close to its 90-day lows near 0.016004, supported by risk-off sentiment. Over the next few sessions, the pair may face downside pressure as risk aversion persists and the pair...
Currently, TRY/EUR is trading near its 14-day lows at 0.018684, close to its 3-month average, with trading within a recent range. Risk-off sentiment remains the dominant driver, pressuring the Turkish Lira.
Currently, TRY/AUD is trading close to its 3-month average, held within a range near recent lows. Risk-off sentiment and pressure on risk-sensitive currencies support a mildly weaker Turkish Lira.
GBP/TRY is trading close to its 90-day high around 62.48, supported by a rate differential that favors the British Pound. However, risk-off sentiment and safe-haven flows are putting downward pressure on the pair.
EUR/TRY is trading close to recent highs at 53.52, holding near its 14-day peak above the 3-month average. Risk sentiment remains pressured by global risk-off conditions.
Currently, CHF/TRY is trading close to 14-day highs around 58.25, holding near its recent range top. It is slightly above its 3-month average, supported by elevated safe-haven demand amid geopolitical tensions.
Currently, AUD/TRY is trading near its 3-month average, holding within a stable range as the rate differential remains the dominant driver. Risk-off conditions support the pair’s sideways tendency, with no...