Dollar Rate Started the New Week With an Increase

Dollar rate started the new week with an increase. In the first hours of the morning, the dollar/TL exchange rate reached 7.50. The USD/TL exchange rate, which completed the last week at 7.47, started the first business day of the new week with an increase. In the first hours of the morning, the USD/TL rate saw the level of 7.50. While the Turkish lira was traded at 7.4992 against the dollar around 10 am, it was traded at 9,0600 against the Euro. The currency basket was 8,2840. It is observed that the dollar has started to rise slightly in global markets. On the other hand, in Turkey, the yield of the two-year Treasury bonds increased by 2 basis points and reached 14.8 percent. The yield of 10-year dollar denominated Treasury bonds increased by 5 basis points to 5.78 percent. 5-year loan default swap (CDS) premium increased by 12 basis points to 333 basis points. The first CBRT MPC meeting of 2021 will take place on Thursday, January 21, at 2 pm. Domestic markets are waiting for the policy rate meeting to be held on Thursday. On the other hand, doubts about whether the US $ 1.9 trillion coronavirus support package will pass by Congress creates uncertainty in the markets.