CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

TRYBASK/TRY

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

Product Type: Index CFD
Country: Turkey Currency: TRY
Trading Hours: According to market Measurement Unit: Contracts
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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 the monetary policies of the Bank of England, the Federal Reserve, the Central Bank of Turkey and the European Central Bank.
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TRYBASK Market Sentiment
TRYBASK Chart

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).
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