Due to the coronavirus emerging in China and leaping to other countries, the duration of the New Year holiday in China was extended. After the holiday, the markets experienced a sharp decline at the beginning of the new week. While the stock market in China lost 8% of its value at the time of opening today, the situation was seen in other Asian markets and Europe. The Central Bank of China stated that due to the decline in the markets after the holiday, 173 billion dollars of liquidity support will be provided to the markets today.
Today, the political tension in the country is critically critical of the martyrdom of five soldiers and a civilian in a tight artillery shot by the Regime in Idlib. President Erdogan and the Ministry of National Defense announced that this attack will not remain unrequited and Russia has received information.
How much is the dollar / TL traded?
With the increase of geopolitical risks, the lira has experienced a limited loss against the dollar today, as the currencies of the developing country increased their values. The USD/ TRY rate, which reached 5.99 last week and ended the week above 5.97, is priced at 5.98 today.