Economy in Turkey: Rapid rise in USD/TRY rate after developments in Gaza

Developments in Gaza are increasing pressure on the markets, with the USD/TRY starting the day with a new peak above 28. In the Istanbul free market, the US dollar started the day at 28.0050 Turkish liras, and the euro at 29.6630 Turkish liras.

In the free market, the US dollar is being bought at 28.0030 Turkish liras and sold at 28.0050 Turkish liras. The selling price of the euro, bought at 29.6610 Turkish liras, is set at 29.6630 Turkish liras.

Yesterday, the selling price of the US dollar was 27.9180 Turkish liras, and the selling price of the euro was 29.5290 Turkish liras.

How much is a gram of gold?

In the spot market, the selling prices of gold are as follows: One gram of gold is 1,744 Turkish liras, a quarter gold is changing hands at 2,870 Turkish liras, and the Republic gold coin is priced at 11,266 Turkish liras. The ounce of gold started the day at 1937 points.

First Figures in the Stock Market

At Borsa Istanbul, the BIST 100 index started the day at 8,115 points. The price of a barrel of Brent oil is $91.11 on international markets.