Dollar has gone down
Dollar rate continues to be below 7.20. Despite the inflation data exceeding yesterday's expectations, the downward trend started the day on the morning of February 4 at the level of 7.1617. Exchange rate decreased to 7.0970 TL during the day, and the euro was traded below 8.60.
Although the dollar rate fluctuates for a while after the profit realization that came from 7.30 to 7.09 last week with the emphasis on tightness of the CBRT, it is calm in the 7.15 band after the inflation data.
After the first inflation data of the year, which exceeded the expectations of 14.97 percent, a slight downward break was observed in the exchange rate with the expectation of carry trade and tightening. On the morning of February 4, it started the day at the level of USD / TL 7.1617.
Exchange rate decreased to 7.0970 TL during the day, and the euro was traded at 8.60.