Over the last few days, the Turkish Lira has faced a 5% drop against the US Dollar and speculations of depleted reserves have done very little to calm investors. As a result, Turkish authorities take an extremely heavy-handed approach to try and stabilize the currency.
Due to the underlying pressures facing Turkey and the acceleration of restrictions being imposed by the Central Bank of Turkey in an attempt to prevent short-selling of the Turkish Lira, Tradeview will be making the following changes starting at 22:00:00 GMT on March 28th, 2019:
Tradeview fully expects the Lira to continue to see plenty of volatility, reduced liquidity, and wider spreads along with increases to overnight funding for the unforeseen future.
If you have any questions at all, please contact the Tradeview team at email@example.com