The positive trend continues on USD/TRY parity after breaking new record last week. The USD/TRY parity closed Friday at 3.5210 level, and we can observe in new trading day it was fluctuated between the highest of 3.55 and the lowest of the 3.51 levels. Following the referendum on constitutional reforms held in Italy on Sunday, the USD parity climbed up to 3.5553 against the TL after the announcement that Prime Minister Matteo Renzi would leave his post. According to the many experts who are commenting in the global forex market, the parity may climb to the 3.60 level in the near future.
- Date: 05 December 2016 Mon 12:08
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