The US Dollar rose against the Turkish Lira during the European session, trading above 38.080 levels.
The USD/TRY volatile currency pair traded higher in the European session, as political and monetary instability still grip the country. In Turkey, Budget Balance data for March was posted with data being lower than expected (-261.5B realised vs -310.1B expected). In the US, New York State Manufacturing Index data for April (-14.80 exp) will be released (13:30 GMT+1).