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The central bank governor, Naci Ağbal, was removed from office and Professor Dr. Following the appointment of Şahap Kavcıoğlu, the markets gave the first reaction last night. Investments in foreign currency, especially in dollars and TL, began to increase rapidly. With the dynamism experienced, among the most curious and investigated, “Why is the dollar rising?” Include the answer to the question. Here’s the rise in the dollar-TL exchange rate last night and the “Why is the dollar rising?” Details on the answer to the question …
BROKEN DOLLAR Yesterday afternoon
The dollar / TL rose to 8.35 with a fall of 15 percent in the first transactions in the opening of the Asian markets, where the first price was made, after the change of president in the CBRT. It saw 8.47 the night before, and as of 10.20 in the morning, the dollar-TL rate decreased to 7.89 TL. Configuration closed on Friday at 7.2185. Euro / TL, which closed at 8.5949 on Friday, saw more than 10 for a short time overnight. As of the morning, it fell to 9.59.
WHY IS THE DOLLAR RISING?
The central bank governor, Naci Ağbal, was removed from office and Professor Dr. Şahap Kavcıoğlu was appointed. The change in tariffs was interpreted as a change in the interest rate policy of the Center in the markets. With the opening of the Asian markets, the markets made the first price in the relatively low volume market last night after the switch. The dollar began to rise after the dynamism experienced in the Asian markets in the TL exchange rate.
