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|Product Type: Currencies||Market: Global|
|Trading Hours: 24 hours, Mon-Fri.|
Britain's pound sterling against Turkey's new lira is an exotic parity of the world's fourth most popular currency. GBP/TRY’s exchange rate indicates how much of the lira is needed to buy one pound. Turkey reintroduced the lira in 2005 as its new currency and has since maintained a track record of consistent economic growth. The Republic of Turkey - one of the world's most familiar transcontinental countries - is located both in southwest Asia and east Europe, and is known for its world-reaching agricultural commodity and steel markets.