USD / TL Rate Preparing to Close the Week with a Decline

USD / TL Rate Preparing to Close the Week with a Decline USD / TL rate is preparing to close the week with a decline. The exchange rate, which completed the previous week at 7.8452 level, is getting ready to close the week with a decline after its relatively mixed course. Having seen the 7.7071 level at yesterday's closing, the dollar / TL rate recorded a slight rise after declining to 7.6966 earlier today. Earlier this week, USD rate followed a moving course, after the statements of Central Bank of the Republic of Turkey (CBRT) President Naci the Ağbal on "Monetary and Exchange Rate Policy for 2021" presentation on Wednesday, drew attention to fight agains inflation, USD rate remained negative. While the USD / TL exchange rate dropped back to its 100-day average, it saw 7.7151 on November 19, when the CBRT announced its 475 basis point rate increase decision. Dollar / TL traded at 7.7255 at 9:35 am, and Euro / TL at 9.4661. The currency basket was recorded as 8.5962. In addition, the US dollar continues to depreciate against major market currencies, following the absence of an explanation for the extension of the maturity of asset purchases or the change in composition, contrary to some expectations at the monetary policy meeting of the Federal Open Market Committee (FOMC) in the USA this week. The Bloomberg Dollar Spot Index (BBDXY), which measures the value of the dollar against major market currencies, recorded a limited rise today. Yesterday, the BIST 100 Index at Borsa Istanbul closed the day at 1,399.36 points, breaking a new record with 0.50 percent gain. The transaction volume was recorded as 29 billion TL.