TRY/JPY

View indicative pricing and leverage information for TRY/JPY.

Price Chart

TRY/JPY chart

Price 4.314
Change % 0.07%

TRY/JPY insights

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TRY/JPY overview

Overview
Costs & Margins
  • TRY/JPY is an exotic forex pair representing how many Japanese yen equal one Turkish lira. The pair is influenced by a wide variety of factors such as the value of US treasuries, the geopolitical stability of Turkey and other middle eastern countries, and monetary policy from both countries’ central banks.

    Because of Japan’s low interest rates, the yen is seen as a safe-haven currency. Traders and investors may move positions to JPY when global economic conditions become rocky, raising the yen’s value. The lira meanwhile has depreciated for decades due to political instability and outstanding foreign debt in Turkey.

  • Margin From
    28.9 %
  • Trading Hours
    24 hours / day *
  • Min Trade Size
    1000
  • Long
    0.83
  • Short
    -1.23
  • Min Stop Distance
    0.0 Points
  • Spreads
  • Spreads From
    0.117 Points
  • Margins
  • 0 +
    28.9 %
  • Dealing
  • Spreads
    0.117 Points
  • Margins
  • 0 +
    28.9 %

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