How did the dollar start the day after the interest rate decision? After the Central Bank's interest rate hike, the dollar started the new day from 7.56 lira, and the euro from 8.99 lira.
Yesterday, the Central Bank Monetary Policy Committee increased the policy rate by 475 basis points in line with the expectations. For this reason, the dollar / TL that started the day above 7.70 decreased to 7.52, then completed the day around 7.55.
The dollar started the new day from 7.56 lira, and the euro from 8.99 lira.
November Consumer Confidence Index stands out among the data to be announced in Turkey today. However, this data is not expected to affect the markets in a positive or negative way.
The world's main agenda item continues to be the coronavirus epidemic. Although a downward trend in the number of new cases was observed in Europe yesterday after a long break, it is stated that it is still early to say that the second wave is over.
Therefore, although there are positive news about the vaccine, the coronavirus continues to affect the US and EU economies. This creates anxiety in the markets for the short and medium term.