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A round up of the latest Turkish Lira forecast news items from the Currency News desk.

Pound to Lira Exchange Rate Flat as Turkish Confidence Hits 21-Month High

29 Jan 2020 at 2 PM - Written by John Cameron

The Pound Sterling to Turkish Lira (GBP/TRY) exchange rate remained flat on Wednesday, leaving the pairing trading at around ₺7.7433. This morning, data revealed that confidence in Turkey’s economy rose, hitting a 21-month high at the start of 2020. The Lira was provided with an upswing in support as confidence rose for the fourth...

CATEGORIES: Pound Lira Forecasts Turkish Lira Forecasts

Pound Turkish Lira (GBP/TRY) Exchange Rate Rises as US-Imposed Sanctions Weigh on Turkish Economy

22 Jul 2019 at 5 PM - Written by John Cameron

GBP/TRY Exchange Rate Edges Higher as Turkey Hits Back on US Sanctions Threat The Pound Turkish Lira (GBP/TRY) exchange rate rose by 0.3% today, leaving the pairing fluctuating around ₺7.097. The Turkish Lira (TRY) has recovered from some of its losses against the Pound (GBP) following Turkish President Erdogan’s firing of the Central...

CATEGORIES: Pound Sterling Forecasts Turkish Lira Forecasts

Turkish Lira TRY Forecast to Outperform Pound Sterling GBP Following Turkish Election Result

3 Nov 2015 at 7 AM - Written by Toni Johnson

Turkish Lira (TRY) Downtrend Forecast to End despite Geopolitical Tensions The best performing global currency during yesterday’s session was an unusual one. The Turkish Lira (currency : TRY) has been heavily downsold in recent years thanks to its function as a proxy for the virtually untradeable Egyptian Pound (currency : EGP), Syrian...

CATEGORIES: Pound Lira Forecasts Pound Sterling Forecasts Turkish Lira Forecasts

Turkish Lira Currency Prediction - Lira Weighed Down by Interest Rate Predictions

10 Feb 2011 at 4 PM - Written by John Cameron

The Turkish Central Bank’s Monetary Policy Committee is due to meet next Tuesday to decide on policy for the coming month. The New Turkish Lira weakened during today’s trading session on speculation that the meeting will herald a further interest rate cut. The Turkish MPC has chosen to cut base rate by 75 basis points in the last two...

CATEGORIES: Pound Lira Forecasts Turkish Lira Forecasts