The US Dollar increased against the Turkish Lira during the European session, trading above 36.210 levels.
The USD/TRY currency pair continues to push higher in the European session, breaking another all time high as chronic inflation and monetary uncertainty still grip the country. In Turkey, the End Year CPI Forecast was published showing inflation higher than expected (28.3% realised vs 27.05 expected). In the US, Retail Sales figures for January (-0.2% expected) and Industrial Production data for January (0.3% exp) will be posted (13:30 GMT).