Turkey Istanbul Chamber of Industry Manufacturing PMI
This index, which is drawn from a survey of 400 manufacturing enterprises and is produced by the Istanbul Chamber of Industry Turkey, measures the performance of the manufacturing sector. Five individual indexes are used to calculate the composite index, with the weights as follows: New Orders (30%), Output (25%), Employment (20%), Suppliers Delivery Times (15%), and Stock of Items Purchased (10%). The Delivery Times index has been adjusted so that it moves in the same direction as the other four indices. A value above 50 indicates that the manufacturing sector has increased in comparison to the previous month, a rating below 50 indicates that the manufacturing sector has declined, and a value of 50 shows that there has been no change.
A higher than expected figure should be seen as positive (bullish) for the TRY while a lower than expected figure should be seen as negative (bearish) for the TRY.
Forex Sentiment (TRY)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURTRY |
|
|
29.9997 -66041 pips |
36.7141 -1103 pips |
36.60382 | |
| USDTRY |
|
|
33.8987 -8151 pips |
7.3371 +273767 pips |
34.71376 | |
| GBPTRY |
|
|
0 -441758 pips |
45.0622 -8864 pips |
44.17580 |
News (TRY)
Turkey Maintains Policy Rate At 45% Under New Governor
The Turkish central bank left its benchmark rate unchanged at the first policy meeting under the governorship of Fatih Karahan after a slew of rate hikes, and signaled that the rate will be maintained at the current level or will be tightened further in case of persistent deterioration in the inflation outlook.
RTTNews | 286 days ago
Turkish Central Bank Slows Pace Of Tightening
Turkey's central bank raised its benchmark rate by 250 basis points on Thursday to combat high inflation but the pace of tightening was reduced as policymakers assessed that it is close to the level required to establish the disinflation course. The Monetary Policy Committee of the Central Bank of the Republic of Turkey, or CBRT, governed by Governor Hafize Gaye Erkan, decided to raise the one-w
RTTNews | 349 days ago
Turkish Central Bank Takes U-Turn By Lifting Key Rate By 650 Bps To 15%
Turkey's central bank raised its key interest rate for the first time in more than two years on Thursday, and massively, in the first meeting chaired by its newly appointed chief with the aim of establishing disinflation immediately and anchoring the inflation target. The Monetary Policy Committee, headed by the new Governor Hafize Gaye Erkan, decided to hike the policy rate by 650 bps to 15%.
RTTNews | 531 days ago
