How did the dollar and euro start the week? Here is the last case The dollar started the new week from 7.66 lira and the euro from 9.08 lira. This week, all eyes will be on the interest rate decision of the Central Bank.
Last week, the dollar / TL declined by 10 percent to 7.65. The new economy management and the messages of the Central Bank were effective in this decline. In addition, the end of election uncertainty in the USA and the point reached in the coronavirus vaccine also supported the assets of developing countries around the world.
Dollar started the new week from 7.66 liras and Euro from 9.08 liras.
INTEREST INCREASE ARE WAITING
This week, all eyes will be on the Central Bank Monetary Policy Committee (MPC), which will meet on Thursday. In light of the latest messages, a strong interest rate hike is expected from the PPK. International financial institutions announced in their latest reports that they expect an interest rate increase of 450-500 basis points.
Besides Although there have been significant developments in vaccines in Europe, the USA and Turkey will increase in cases of coronavirus remains to be seen. Markets remain uneasy about the epidemic despite the enthusiasm experienced last week.