BETBABA335 DOLAR VE EURO’DA SON DURUM

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Starting this week at 7.52, the exchange rate rose to 7.78 with the rise of US 10-year bonds. Later, as interest rates calmed down to 7.45, the exchange rate started today at 7.52 again.

The emerging currencies are losing value once again with the US 10-year bond yields that have calmed down for the past few days. The USD / TL exchange rate started this morning from 7.52, with an increase of 0.92 percent.

Today, the data agenda is intense for the markets. The January industrial production figures to be announced by TURKSTAT at 10:00 and the Economic reform package to be announced by President Recep Tayyip Erdogan at 15:00 will be followed by the investors. The main axis of the economic reform package will be macroeconomic stabilization policies and structural policies. Foreign investors are being expressed in a number of steps will be taken to draw Turkey.

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The Central Bank has an interest meeting next week. After the data revealed, the actors of the market are waiting for an interest rate hike from the Central Bank.

Euro started this week at 9.0014 level.

Source: News Global

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