Indicator notes

Pressure on the Turkish lira on July 13, 2022: 54.9 out of 100, in the “Moderate pressure” zone. The previous reading, on July 12, 2022, was 55.4 (“High pressure”): the indicator fell slightly by 0.5 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 10 trading days in a row. Biggest component moves: “Currency weakening” at 59.4 versus 60.9 and “Exchange rate volatility” at 64.6 versus 65.0. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on June 29, 2022: 55.4 out of 100, in the “High pressure” zone. The previous reading, on June 28, 2022, was 42.6 (“Low pressure”): the indicator rose sharply by 12.8 points and crossed the 45 and 55 boundaries. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Low pressure” zone for 6 trading days in a row. Biggest component moves: “Exchange rate volatility” at 70.7 versus 8.0 and “Currency weakening” at 55.4 versus 66.8. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on June 21, 2022: 44.8 out of 100, in the “Low pressure” zone. The previous reading, on June 18, 2022, was 45.2 (“Moderate pressure”): the indicator fell slightly by 0.4 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 6 trading days in a row. Biggest component moves: “Currency weakening” at 69.0 versus 70.2 and “Exchange rate volatility” at 14.9 versus 15.1. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on June 10, 2022: 47.4 out of 100, in the “Moderate pressure” zone. The previous reading, on June 9, 2022, was 44.5 (“Low pressure”): the indicator rose by 2.9 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. The indicator spent a single trading day in the “Low pressure” zone. Biggest component moves: “Exchange rate volatility” at 16.3 versus 8.0 and “Currency weakening” at 70.4 versus 66.8. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on June 9, 2022: 44.5 out of 100, in the “Low pressure” zone. The previous reading, on June 8, 2022, was 46.1 (“Moderate pressure”): the indicator fell slightly by 1.6 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 14 trading days in a row. Biggest component moves: “Exchange rate volatility” at 8.0 versus 16.6 and “Currency weakening” at 66.8 versus 64.7. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on May 20, 2022: 45.1 out of 100, in the “Moderate pressure” zone. The previous reading, on May 19, 2022, was 44.9 (“Low pressure”): the indicator rose slightly by 0.2 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 3 trading days in a row. Biggest component moves: “Exchange rate volatility” at 12.5 versus 12.0 and “Currency weakening” at 64.8 versus 64.3. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on May 17, 2022: 43.7 out of 100, in the “Low pressure” zone. The previous reading, on May 14, 2022, was 53.3 (“Moderate pressure”): the indicator fell by 9.6 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 24 trading days in a row. Biggest component moves: “International reserves” at 59.9 versus 97.6 and “Exchange rate volatility” at 9.7 versus 11.1. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on April 7, 2022: 49.5 out of 100, in the “Moderate pressure” zone. The previous reading, on April 6, 2022, was 58.5 (“High pressure”): the indicator fell by 9.0 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 28 trading days in a row. Biggest component moves: “Exchange rate volatility” at 7.8 versus 34.6 and “International reserves” at 97.9 versus 98.0. 3 of 4 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on February 25, 2022: 56.8 out of 100, in the “High pressure” zone. The previous reading, on February 23, 2022, was 43.7 (“Low pressure”): the indicator rose sharply by 13.1 points and crossed the 45 and 55 boundaries. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Low pressure” zone for 3 trading days in a row. Biggest component moves: “Exchange rate volatility” at 49.8 versus 10.3 and “International reserves” at 98.8 versus 99.0. 3 of 4 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on February 19, 2022: 44.3 out of 100, in the “Low pressure” zone. The previous reading, on February 18, 2022, was 45.4 (“Moderate pressure”): the indicator fell slightly by 1.1 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 4 trading days in a row. Biggest component moves: “Exchange rate volatility” at 11.9 versus 15.2 and “Central bank policy rate” at 21.6 versus 21.5. 3 of 4 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on February 15, 2022: 49.5 out of 100, in the “Moderate pressure” zone. The previous reading, on February 12, 2022, was 33.3 (“Low pressure”): the indicator rose sharply by 16.2 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 5 trading days in a row. Biggest component moves: “International reserves” at 99.9 versus 50.9 and “Exchange rate volatility” at 33.1 versus 33.5. 3 of 4 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on February 8, 2022: 36.1 out of 100, in the “Low pressure” zone. The previous reading, on February 5, 2022, was 48.1 (“Moderate pressure”): the indicator fell sharply by 12.0 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 17 trading days in a row. Biggest component moves: “Exchange rate volatility” at 42.2 versus 78.4 and “Central bank policy rate” at 15.1 versus 15.0. 3 of 4 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on January 14, 2022: 51.0 out of 100, in the “Moderate pressure” zone. The previous reading, on January 13, 2022, was 43.6 (“Low pressure”): the indicator rose by 7.4 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Biggest component moves: “International reserves” at 50.9 versus 28.8 and “Central bank policy rate” at 2.2 versus 2.1. 3 of 4 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Turkish lira on December 31, 2021: 45.0 out of 100, in the “Moderate pressure” zone. The previous reading, on December 30, 2021, was 44.6 (“Low pressure”): the indicator rose slightly by 0.4 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Biggest component moves: “Exchange rate volatility” at 99.1 versus 98.1 and “Central bank policy rate” at 7.3 versus 7.2. 3 of 4 components were available. This describes that date's reading; it is not a forecast.