10-day break in upward trend of dollar TL rate seems to come to an end

The dollar / TL, which fell sharply 10 days ago due to the decision of the BDDK to impose currency restrictions on loans, has again approached the threshold of 17 today.

The dollar / TL, which fell from 17.35 to below 16.50 after the Banking Regulation and Supervision Agency (BDDK) imposed a foreign exchange limit for commercial loans on June 24, approached the limit of 17 again, today.

This morning, the level of 16.97 was seen in dollar / TL and 17.62 in Euro / TL. On the other hand, the euro fell to the lowest level seen since 2003 with 1.0331 against the US dollar. 1,03315

TL completed the first half of the year with a 21 percent depreciation against the dollar. The depreciation was limited by the BDDK decision and the recovery at the beginning of last week.