Dollar / TL Rate Started Last Trading Day of the Week Horizontally

Dollar / TL Rate Started Last Trading Day of the Week Horizontally Dollar / TL Rate started the last trading day of the week horizontally. While the elections, which are under count in the USA, are expected to be concluded, the Bloomberg dollar index returned from the lowest level in 2.5 years. USD / TL started the day with a horizontal motion in the first transactions in Asian markets. While the results of the presidential elections held in the USA on November 3 were awaited, the dollar exited after hitting the lowest levels in 2.5 years. The Bloomberg dollar index, which saw the lowest level since May 2018 with a loss of 1 percent in Thursday's transactions, rose 0.2 percent as Democratic candidate Biden approached the 270 delegates required for the presidency. Commenting on the issue, Nomura Currency Strategist Yujiri Goto noted that in his analysis in Bloomberg, he may have seen the highest level of weakness in the US dollar due to the expectations that Joe Biden will become president. On the USD / TL side, it was horizontal in the first transactions in Asian markets. While the Indonesian rupee and Taiwanese dollar gained over 1 percent against the dollar in the first part of the trading day among the currencies of the developing countries, the Mexican peso was one of the currencies that lost the most value of the day.