Highest Rate of Euro and Pound Against Dollar After 2018

Highest Rate of Euro and Pound Against Dollar After 2018 According to breaking economy news, the euro and pound are trading at the highest rate after 2018 against the dollar. The Bank of England did not make a decision to change interest rates while keeping asset purchases constant at the last monetary policy meeting of the year held today. BOE, which followed an expansionary policy during the coronavirus epidemic, finally increased its asset purchases last month. England, one of the European countries most affected by the coronavirus, is also experiencing very active days with Brexit uncertainty. In the meeting, during the week, officials noted that the prospects for a deal are quite high. With this optimism, gains on both the euro and pound continued. GBP / USD rose to 1.3620 today, peaking after May 3, 2018, with gains in the pound and weakness in the US dollar. EUR / USD exchange rate rose to 1.2250 and reached the highest level after April 23, 2018. The US Dollar index, which accelerated its losses after the FOMC meeting, dropped to the level of 89.80. This data was recorded as the lowest level seen since April 20, 2018. With the depreciating Us dollar in global markets, the USD / TRY rate fell to 7.74 today, the lowest level since November 23. GBP / TRY, on the other hand, follows a horizontal course at the level of 10.53 today, with the increase in pound despite the gain in Turkish Lira. EUR / TRY rate is 9.48 with a  0.25 percent negative.