The Turkish lira continues to diverge negatively against the dollar after the change in the members of the Central Bank and the MPC.
CLICK TO SEE CURRENT EXCHANGE PRICES
The dollar / TL, which rose more than 3 percent yesterday to 8.45, fell to 8.30 after the message from CBRT Governor Kavcıoğlu that interest rates would remain above inflation.
USD / TL watching 8.24 today. Euro / TL it is trading at levels of 9.72 to 9.73.
Speaking at the General Assembly of the Central Bank, the Governor of the Central Bank, Şahap Kavcıoğlu, said: “We will continue to keep the policy rate above inflation until there is a permanent decrease in inflation. We will ensure the permanence of the decline in inflation”.
Download the NTV application, find out what’s new
KAVCIOĞLU: WE WILL CONTINUE TO KEEP INTEREST IN INFLATION
THE RISE IN INTEREST ON US BILLS AND THE DOLLAR INDEX CONTINUES
US bond yields fell to 1.70, after hitting 1.77 percent yesterday. Turning higher this morning, interest rates rose to the 1.74 level. Supported by rising bond yields dollar index While viewing the highest level of the last 5 months with 93.4, euro dollar The pair is trading at 1.1710 today, after falling to a 5-month low at 1.1704.
Experts stated that the stricter measures due to the increasing number of cases in the new type of corona virus epidemic (Covid-19) and the increase in interest on US 10-year bonds caused pressure on the TL assets, ADP private sector employment and Eurozone inflation on today’s data calendar He reported that his data came to the fore.
VIDEO: DO YOU GET UP UNDER THE GRAM?