Latest situation in dollars
While the dollar rate went down from 7.30 to 7.03 TL last week, the week of February 8 starts at 7.06. Lagarde's speech today stand out in the market, analysts draws attention to the importance for developing countries, among which is the currency of Turkey's progress in the US in 10 years.
Starting last week at 7.30, the dollar / TL dropped to 7.0301 TL, with the messages of CBRT President Naci Ağbal's tight monetary policy and decisive reduction in inflation.
Bankers in decline, domestic residents in foreign currencies take which indicates that the effectiveness of Turkey to portfolio inflows, leaving the country's 5 the annual credit risk premium CES also draws attention to below 300 points.
This week, the Fed's report to the US Treasury and Lagarde's Lagarde's speech stand out on the markets this week with global industrial production and inflation data.
Bankers draw attention to the importance of the US 10-year course, and here they state that if interest rates rise above 1.15 and increase further, the flow of money to developing countries may weaken and there may be pressure on their exchange rates.
It starts the day from $ / TL 7.06 on February 8. Euro / TL at 8.50. Gram gold price decreased to 410 TL.