Tag: USDTTRY
CBRT Announces Interest Rate! How Did USDT/TRY React?
The Central Bank of the Republic of Turkey (CBRT) increased the policy rate by 650 basis points to 15%. explained. After keeping the policy rate constant last month, the CBRT…
Hard Selling in USDT/TRY Parity on Binance! Are Interest Rates Priced?
There are only 3 days left until the critical interest rate decision for Turkey, which has been struggling with high exchange rates and high inflation for a while. per economy…
3 days before the election, USDTTRY parity is active again!
Before the first round of the presidential elections, the arbitrage between Binance’s foreign exchange and Binance TR, which reached 4-5 percent, created a serious activity in the USDT/TL parity. The…