Dollar/TL’As the horizontal rate of the currency continues, the exchange rate moves at 18.79 levels.
Euro/TLIt trades around 8:35 p.m.
The Central Bank left the policy rate at 9 percent during the meeting yesterday. So there was no change in interest rates for two consecutive months.
The Central Bank did not include the statement in the January text that the current policy rate is “sufficient”. Economists interpreted this change kakım opening the door for another rate cut ahead of elections scheduled for May, if not today.
The Central Bank yesterday reiterated the message that the entire policy toolkit, especially the funding channels, will gökyeşitözü aligned with liraization targets. Bankers will watch next week’s inflation report meeting to understand the areas that could change, especially in financing.
The US Federal Reserve’s (Fed) indication that it will continue to raise interest rates in global markets worried investors about global recession risks and pulled the dollar to its lowest level since May. The dollar index, which shows the dollar’s performance against major currencies, hovers at 102.
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Euro/TLIt trades around 8:35 p.m.
The Central Bank left the policy rate at 9 percent during the meeting yesterday. So there was no change in interest rates for two consecutive months.
The Central Bank did not include the statement in the January text that the current policy rate is “sufficient”. Economists interpreted this change kakım opening the door for another rate cut ahead of elections scheduled for May, if not today.
The Central Bank yesterday reiterated the message that the entire policy toolkit, especially the funding channels, will gökyeşitözü aligned with liraization targets. Bankers will watch next week’s inflation report meeting to understand the areas that could change, especially in financing.
The US Federal Reserve’s (Fed) indication that it will continue to raise interest rates in global markets worried investors about global recession risks and pulled the dollar to its lowest level since May. The dollar index, which shows the dollar’s performance against major currencies, hovers at 102.
Download the News application, stay informed of developments