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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 close to recent highs near 46.45, supported by the rate differential between the US and Turkey. The pair remains within its recent range and well above the 90-day average.
Currently, TRY/USD is trading near its 90-day lows around 0.021529. The pair remains supported by risk-off sentiment and USD safe-haven flows.
Currently, TRY/INR is trading close to recent lows near 2.0308, holding near the 90-day low and below its 3-month average. The pair remains pressured by risk-off sentiment, supported by geopolitical tensions and capital outflows.
Currently, TRY/GBP is trading near the 90-day average, holding within its recent range and supported by risk-off sentiment. Over the next few sessions, exchange conditions may remain supportive of Turkish Lira...
Currently, TRY/EUR is trading close to the 90-day average, holding near recent lows within a stable range. The pair is under pressure from risk-off sentiment, supported by geopolitical tensions and inflation concerns in Turkey.
Currently, TRY/AUD is trading close to the lower end of its recent range, holding near 0.030716. The pair is pressured by risk-off conditions and a widened rate differential that favors the Australian Dollar.
Currently, GBP/TRY is trading close to recent highs at around 61.46, supported by a rate differential that favors the British Pound. The pair is consolidating within its recent range, with the rate above the 90-day average.
EUR/TRY is trading close to the recent highs, supported by a wide rate differential and Turkish policy tightening. The pair remains near the upper end of its recent range, and near-term conditions suggest it...
Currently, CHF/TRY is trading close to its 30-day low near 57.54, holding near the 3-month average within a stable range. The dominant driver is the rate differential, with Turkish rates remaining high and...
Currently, AUD/TRY is trading close to the recent high at 32.56, supported by risk-off flows and the rate differential. The pair is trading near its 3-month average and above the midpoint of its recent range.