Dollar in decline before Fed
Dollar / TL continues its downward trend that started yesterday before the Fed decision to be announced tonight. Another important agenda item in the currency traded at 7.35 is the first inflation report of the year to be submitted by CBRT Governor Ağbal tomorrow.
The dollar rate, which remained flat at 7.40 for a while, saw 7.35 gold before the Fed meeting. The exchange rate, which gradually withdrew after the CBRT's interest rate hikes, is forcing the 200-day moving average of 7.31 with the increase in risk appetite.
On the morning of January 27, dollar / TL changed hands at the level of 7.35, while the euro was under 9 TL.