USDTRY

Currencies in emerging markets are exhibiting varying performance against the US Dollar. Today, the strongest currency is the Peruvian Sol, which has risen by 1.31%, while the weakest currency is the Indian Rupee, which has depreciated by 0.33%. The Turkish Lira is positioned among the weaker currencies, showing a slight decrease of 0.01%, with the USDTRY exchange rate trading near the level of 36.41.

In short-term assessments, it is crucial for the USDTRY exchange rate not to fall below 36.25. As long as it remains above this level, there is potential for an upward movement towards 36.47, 36.55, and 36.61. However, sustaining above 36.61 could strengthen the current trend. Otherwise, a consolidation phase may be observed between 36.25 and 36.61. A trend change is not expected unless there are significant developments in TL.