Lira

15 June 2026
Turkey’s budget deficit narrows to TRY 298.2bn in May, supporting fiscal tightening narrative

Turkey’s May budget deficit narrowed to TRY 298.2bn, supporting stabilization, lira resilience, equities, and tighter spreads.

11 June 2026
ING sees CBRT holding 37% rate as lira steadies, but current account gap risks year-end slide

ING expects CBRT to hold 37%, supporting near-term lira stability, but deficits risk depreciation to 53.00.

27 May 2026
MUFG Warns Political and Energy Shocks Could Push USD/TRY Towards 50.500 by Year-End

MUFG warns Turkish lira faces downside: politics, energy shock, thin reserves may drive USD/TRY toward 50.5.

22 May 2026
USD/TRY hits record high as Turkish political turmoil and hawkish Fed shift weigh on lira

USD/TRY hit record 45.7778 as Turkish political uncertainty and hawkish Fed expectations weakened the lira.

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