08:19 AM EDT, 07/17/2025 (MT Newswires) -- USD/TRY continues its upward march, noted Societe Generale on Thursday.
Bears on Turkey's lira (TRY) received another boost after the Turkish court sentenced the opposition mayor of Istanbul, Ekrem Imamoglu, to 20 months in prison on charges of threatening and insulting a prosecutor, wrote the bank in a note to clients.