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USD/TRY assessments 5.50 on studies of Turkey sending navy models to Syrian border

In response to Turkey’s state-owned information company, Anadolu, Turkey despatched a convoy of armoured navy automobiles and floor troops to the northern Syrian province of Idlib to strengthen the Turkish navy presence within the space. With the preliminary market response to this growth, the USD/TRY added greater than 700 pips and examined the 5.50 deal with earlier than retreating barely. As of writing, the pair was up 1.three% on the day at 5.4823.

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