Turkish lira 1-yr implied volatility gauge hits highest in at least 15 years

Middle East
31-05-2023 | 08:39
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Turkish lira 1-yr implied volatility gauge hits highest in at least 15 years
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Turkish lira 1-yr implied volatility gauge hits highest in at least 15 years

Turkish lira implied volatility gauges climbed on Wednesday with the one-year measure rising to 45.46% - its highest in at least a decade and a half, data from Fenics showed.

The lira tumbled to a fresh record low against the dollar as President Tayyip Erdogan prepared to decide the shape of his new cabinet and the direction of economic policy after his election triumph.
 

Turkish

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Implied

Volatility

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Highest

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