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The fact that the Central Bank of the Republic of Turkey did not change the policy rate also supported the strengthening of the Turkish lira against the dollar.
The effects of this decision continue to be reflected in the New Week. depreciated since last week dollar exchange rate, had started at 8.63 levels last week. The exchange rate continued to decline after the interest rate decision and started the new week with a depreciation of over 1%.
USD / TL, It started on the morning of August 17, 2021 at 8.46 levels.
at the same time euro / TL It is at 9.97 levels moving under 10 lire.
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Analysts said worse-than-expected macroeconomic data, the new type of corona virus (Covid-19) cases continuing to rise and geopolitical risks originating from Afghanistan are central to the agenda, and that the positive outlook is preserved in Actifs TL.
Stating that today’s data agenda is weak, analysts said global markets will follow the latest Fed Open Market Committee (FOMC) meeting, to be held tomorrow, with statements from the Fed chairman, Jerome Powell.
PAIN IS STILL FRESH: YEAR 22 OF AUGUST 17 EARTHQUAKE