Dollar continues to fluctuate
The dollar rate continues to fluctuate sharply after the changes in the economy management and the first messages. The dollar / TL, withdrawn from 8.58 to 8.005 on Monday, returned some of its earnings yesterday.
The dollar rate, which rose to 8.39 TL, closed the day at 8.19. On the morning of November 11, the dollar changes hands for 8.1907 TL Euro is 9.68, gram gold is at 495 TL. Current account data to be announced in the markets today and developments in the economic bureaucracy will be followed. Outside, the agenda is the speech of Fed members and ECB Chairman Lagarde
The dollar rate, which saw 8.58 last week and closed the all-time record by breaking the all-time record, started the new week by decreasing to 8.005 after the changes in economy management and dropped more than 5 percent in one day. On the first trading day of the week, TL became the most appreciated currency against the dollar in the world.
The exchange rate, which fluctuated yesterday to 8.39, then relaxed again and closed at 8.20, returning some of its gain.
With the election of Biden in the USA and with the expectation that the monetary expansion will pass and the monetary expansion will continue, the global depreciation of the dollar also benefits the dollar / TL, while analysts state that policy steps will be followed after the change in economic management.
It started the morning of November 11 at the level of USD / TL 8.1907. Current account deficit data and possible changes in the economic bureaucracy and policy steps are followed in the markets today. Outside, Lagarde's speech will stand out