Tue, 21 Dec 2021 10:42:10 GMT
Turkish Lira recovers
On Tuesday, the Turkish Lira gained nearly 15%, as the President of Turkey Tayyip Erdogan revealed that local currency deposits would be guaranteed against market volatility.
During the Tuesday's volatility, the USD/TRY retraced as much as 38.56%, compared to the high level, which was touched on Monday.