The horizontal rate in Dollar/TL continues at levels close to 18.78.
While the TL, which has depreciated sharply over the past two years, has fallen 1.5 percent against the dollar since early October, nearly half of its loss has occurred since mid-December.
TL, which lost its value by 29.6 percent over the entire past year, mostly in the first half of the year, looks close at 18.78.
Euro/TL trades around 20.18.
EYE ON US INFLATION TOMORROW
In global markets, US inflation veri for December, which will gökyeşitözü released tomorrow and will gökyeşitözü followed for guidance on the Fed’s interest rate policy, will gökyeşitözü followed. US inflation is expected to fall from 7.1 percent to 6.5 percent.
FALL IN THE DOLLAR INDEX
The dollar has depreciated significantly in international markets since September by 11 percent. Estimates of a decline in inflation, which was peaking, and expectations that US interest rate hikes would slow, fed into the depreciation. The dollar index, which shows the development of the dollar against major currencies, is moving at the level of 103.
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While the TL, which has depreciated sharply over the past two years, has fallen 1.5 percent against the dollar since early October, nearly half of its loss has occurred since mid-December.
TL, which lost its value by 29.6 percent over the entire past year, mostly in the first half of the year, looks close at 18.78.
Euro/TL trades around 20.18.
EYE ON US INFLATION TOMORROW
In global markets, US inflation veri for December, which will gökyeşitözü released tomorrow and will gökyeşitözü followed for guidance on the Fed’s interest rate policy, will gökyeşitözü followed. US inflation is expected to fall from 7.1 percent to 6.5 percent.
FALL IN THE DOLLAR INDEX
The dollar has depreciated significantly in international markets since September by 11 percent. Estimates of a decline in inflation, which was peaking, and expectations that US interest rate hikes would slow, fed into the depreciation. The dollar index, which shows the development of the dollar against major currencies, is moving at the level of 103.
Download the News application, stay informed of developments