Stable Progress of the US dolar After Yesterdays Fall

Stable Progress of the US dolar After Yesterdays Fall Stable progress of the US dolar after yesterdays fall. Transaction volume remains low in global markets due to the holiday. The dollar / TL exchange rate, which started the first business day of the week with a decrease, started the second business day calmly. The dollar / TL exchange rate, which recorded a sharp decline yesterday, fell to the level of 7.41. Today at 9 am, the dollar / TL transactions were at the level of 7.4536, the Euro / TL traded from the 9.1202 level. The currency basket was 8,2864. The dollar, which lost its strength in global markets yesterday, remained weak against major currencies. Last week after the interest rate decision of the Central Bank of the Republic of Turkey (CBRT) foreign currencies declined and this week they continued to fall. The dollar / TL rate, which was around 7.70 last week, dropped to 7.55 levels and closed the week at 7.5529. Central Bank of the Republic of Turkey (CBRT), has realized the Monetary Policy Committee (MPC) the meeting on last Thursday December 24, decision was taken to increase the policy rate. The Central Bank, which increased by 200 basis points above the market expectations, increased the policy rate from 15 percent to 17 percent. On the other hand, the emphasis of Naci Ağbal, the new head of the CBRT, on the low inflation target and tightening policy relieved the market.