MARKETS16:57 UTC1d ago 1 min readSource: FXStreet

USD/TRY: Stable path with renewed carry interest – ING

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USD/TRY: Stable path with renewed carry interest – ING
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ING analysts Muhammet Mercan, Frantisek Taborsky and James Wilson note that the Turkish Lira (TRY) has stabilised after US-Iran tensions eased, with the Central Bank of Turkey (CBT) maintaining market confidence and a steady USD/TRY path.

AI Executive Brief
  • / Turkish Lira (TRY) has stabilized following the easing of US-Iran tensions.
  • / Central Bank of Turkey (CBT) is maintaining market confidence.
  • / The USD/TRY exchange rate is following a steady path.

AI-generated summary for informational purposes. Verify with original source.