The resurgence of US bond yields continues to put pressure on world markets.
After the 3 percent increase in exchange rates on the first day of the week, the dollar / TL, which saw the peak of the last 11 weeks at 7.7831, fell to the level of 7.60 today.
Dollar exchange rate While looking at the 7.60s euro / TL it is also trading at 9.04.
Although the dollar index registered its highest level since November 24, 2020 at 92.5, the euro / dollar parity stabilized at 1.1877 with an increase of 0.3 percent.
THE EXPECTATION OF INCREASED INTEREST FOR MB IS STRENGTHENED
Although the meeting and the CBRT reform package are expected in the markets next week, some foreign institutions have revised up their expectation of an interest rate increase of 100 basis points.
CLICK TO SEE CURRENT EXCHANGE PRICES
Experts said the US today offset some of the losses in the Turkish lira with the effect of the pullback on 10-year bond yields, and the course of the bond market and oil prices will be decisive in investor decisions.
Today, experts from the international credit rating agency Fitch Ratings will make the minutes of the meeting that will be followed in Turkey, the Committee on Banking, Housing and Urban Affairs of the US Senate will be held in “Kazan Who on Wall Street? Said the session titled “GameStop, Robinhood and the State of Individual Investing” will follow.