USD / TL Started the Day on a Calm Course

USD / TL Started the Day on a Calm Course USD / TL started the day on a calm course. After the exchange completed Tuesday at 7.8343, the new day started calmly. Dollar / TL started the Wednesday calmly after a mixed motion on Tuesday with an intense economy agenda in the first days of the week. Dollar / TL was traded at 7.8443 at 09.40. Euro / TL traded at the level of 8.4744. The currency basket was recorded as 8.6587. The Bloomberg Dollar Spot Index, which shows the course of the dollar against important currencies, is following a horizontal course after yesterday's decline. According to data released yesterday Istanbul Chamber of Industry (ISO) Turkey’s Manufacturing PMI (Purchasing Managers Index) was recorded level of 51.4 in November. However, the Bloomberg HT Consumer Confidence Index fell to 61.52 in November, with a loss of 6.93 percent compared to the previous month. On Monday Turkey's 3rd Quarter GDP figures were shared. According to these data, Turkey grew 6.7 percent annually in the said period, exceeded economist estimates. The median of the estimates was that the growth would be 5.5 percent. The one-year trading range in the currency is between the levels of 8.5793 - 5.7311. The 1-month daily moving average is 7.9980, the daily moving average is 7.9274, the 100-day moving average is 7.5859.