Economy in Turkey: Dollar / TL and Euro / TL reach new highs

While there is a limited increase in exchange rates, dollar and Euro prices pulled their peak levels up on the third trading day of the week. Dollar prices reached an all-time high of 28.7620 TL on the international markets while Turkish markets were closed, and after the opening. As of the closing time of the Turkish markets at 5:30 p.m., the dollar moved at 28.6685 TL with a 0.13% increase.

Dollar and Euro reached new highs

The exchange rate, which was moving at 28.6230 TL at the closing time of the Turkish markets yesterday, started the new day at 28.6649 TL.

Euro also reached a new peak

Euro prices climbed up to 31.3120 TL in the shallow market, renewing its historical peak. Euro is currently at 31.1205 TL with a 0.21% loss. The rise in Euro/dollar parity was effective in the rise of Euro/TL.

After the US inflation data was announced yesterday, which was below expectations, the dollar index fell below the 105 level, and the Euro/dollar parity reached the highest level in 2 months. The Euro/dollar parity is currently moving at 1.0846 levels. While the dollar index fell to the 104 level, it is currently at 104.36 with a 0.29% increase.

Meanwhile, the British pound is trading at 35.8257 TL.

The compound interest rate of the 10-year benchmark bond is at the level of 28.83%, and the compound interest rate of the 2-year benchmark bond is at the level of 41.68%.