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16-17 December - Under Erdoğan's pressure, the CBRT cut its interest rate again, by 100 basis points, despite warnings not to do so, which made lira fall by 5.6%, to 15.689 TRY to the US dollar. [155] The next day, the BIST 100 index fell by a total of 8% during the trading day, triggering a circuit breaker on the stock exchange. The lira fell ...
Alternatively the slash may be omitted, or replaced by either a dot or a dash. A widely traded currency pair is the relation of the euro against the US dollar, designated as EUR/USD. The quotation EUR/USD 1.2500 means that one euro is exchanged for 1.2500 US dollars. Here, EUR is the base currency and USD is the quote currency (counter currency).
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The standard settlement timeframe for foreign exchange spot transactions is T+2; i.e., two business days from the trade date.Notable exceptions are USD/CAD, USD/TRY, USD/PHP, USD/RUB, and offshore USD/KZT and offshore USD/PKR currency pairs, which settle at T+1.
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That includes Bitcoin up 120% year to date. ... As you point out, if you're worried about fiat money, the fate of the US dollar, if we don't get our fiscal act together, gold is a traditional ...
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The lira (Turkish: Türk lirası; sign: ₺; ISO 4217 code: TRY; [2] abbreviation: TL) is the official currency of Turkey and the Turkish Republic of Northern Cyprus, as well as one of the three currencies used in Syrian Opposition under the country's interim government. [1]