The US Dollar increased against the Turkish Lira during the European session, trading above 35.6800 levels.
The USD/TRY stuck to its long lasting upward momentum in the European session after the Turkish Central Bank decided yesterday to maintain interest rates at 45%, despite there being no signs to an end to high inflation. In Turkey, there are no data releases due today. In the US, Manufacturing PMI (49.8 expected) and Services PMI (56.4 exp) will be posted (14:45 GMT).