Currency News

Daily Exchange Rate Forecasts & Currency News

Pound Lira forecast - GBP TRY

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

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Pound Turkish Lira (GBP/TRY) Exchange Rate Soars as BoE Points to Sooner-Than-Expected Rate Hike

8 Feb 2018 at 3 PM - Written by John Cameron

Hawkish BoE Prompts Surge in GBP/TRY Exchange Rate The Pound Sterling Turkish Lira (GBP/TRY) exchange rate soared on ‘Super’ Thursday as markets reacted to an optimistic and slightly hawkish Bank of England (BoE) rate decision. The central bank maintained the key interest rate at 0.50% - as markets largely expected – though they...

CATEGORIES: Pound 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

GBP TRY Forecast: Pound Turkish Lira Exchange Rate Predicted To Climb

1 May 2014 at 10 AM - Written by Minesh Chaudhari

Investors hoping for an improvement in the relative value of the Turkish Lira were dealt a blow yesterday with an unexpected missive from Turkey’s central bank which is forecast to send the Pound Lira exchange rate higher GBP/TRY. Meanwhile, the Pound Swiss Franc exchange rate is drifting lower on Ukraine concerns GBP/CHF. The current...

CATEGORIES: Daily Currency Updates Pound Lira Forecasts Pound Sterling Forecasts

Pound to Rand & Pound to Lira Exchange Rates Spike Following Central Bank Decisions

29 Jan 2014 at 4 PM - Written by Frank Davies

The rout of emerging market currencies has continued during today’s session following shock interest rate hikes from Turkey and South Africa’s central banks over the past 24hrs. The action from Turkey’s central bank was perhaps the most eye-catching – the Central Bank of Turkey made the shock announcement that it was raising its...

CATEGORIES: Currency Predictions Pound Lira Forecasts Pound Rand Forecasts Poun 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