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After President Erdogan’s statements yesterday, the appreciation of the TL became evident, while the dollar / TL, which fell throughout the week, reached the level of 7.68 today. Euro / TL changes hands at the 9.10 level.
Domestic markets, which welcomed the market-friendly messages of the renewed management of the economy, began to wait for the interest rate decision to be announced next week. The fall in exchange rates today gave way to a horizontal course.
After President Erdoğan’s statements yesterday, while the value gain in TL became apparent, dollar / TL, fell as low as 7.68 today. Euro / TL it’s changing hands at level 9.10.
While domestic markets are valuing messages of support from the economy administration and President Erdogan, all eyes are on the interest rate decision to be announced next week.
In addition to speeches by US Federal Reserve Governor Jerome Powell, ECB President Christine Lagarde, and Bank of England (BoE) President Andrew Bailey, experts today focus on the intense agenda data, especially inflation in the US, growth in the UK and industrial production in the euro zone. reported to be followed.
Experts noted that news about the new type of corona virus (Covid-19) vaccine, economic incentives, geopolitical and political developments will also determine the direction of markets.
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