The dollar surged against the Turkish lira on Thursday after a surprising large rate cut. The Central Bank of the Republic of Turkey cut interest rates to 16% from 18%, more than the 0.5 point to 1 point cut markets anticipated. The dollar /zigman2/quotes/210561895/realtime/sampled USDTRY +0.3473% climbed to 9.3095 lira from 9.2133 lira on Wednesday.
/zigman2/quotes/210561895/realtime/sampled
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US
: Tullett Prebon
13.4058
+0.0464
+0.3473%
Volume: 0.0000
Jan. 21, 2022 8:52a
