© Reuters. Turkish lira volatility gauges ignite as panic grips
LONDON, Aug 10 (Reuters) – Turkish lira implied volatility gauges went vertical on Friday because the foreign money crashed at the spot marketplace. one-week implied volatility spiked to a file top of over 49 TRYSWO=FN whilst the only and three-month equivalents each surged to their perfect since past due 2008 TRY1MO=FN TRY3MO=FN .
There was once a much wider marketplace spillover too as euro-dollar and euro-yen one-week implied volatility ranges jumped to their perfect in six weeks EURJPYSWO=FN EURSWO=FN .
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