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TRYBASK/TRY

CFD on TRYBASK, the Turkish Lira (TRYBASK) index.

 SELL Open a SELL trade on  SELL Open a SELL trade on Of current open trades, % are BUY and % are SELL BUY  Open a BUY trade on BUY  Open a BUY trade on   The daily price change of
Product Type:Index CFDMarket: Global
Trading Hours: According to market
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Description:

The Turkish Lira Index valued in terms of the Turkish Lira shows the current value of the Turkish Lira measured against a basket of other currencies and contains USDTRY and EURTRY. The value of TRYBASK is significantly affected by monetary policies of the Bank of England, the Federal Reserve, the Central Bank of Turkey and the European Central Bank.

Interesting Facts:

  • TRYBASK’s highest level over the past 5 years, 3.24, was recorded in 2015. Its lowest level over the past 5 years was 1.85.
  • Turkish imports and exports have an important impact upon the index.
  • TRYBASK is calculated as follows: TRYBASK = (USDTRY x 0.50) + (EURTRY x 0.50).