Dollar/TL started Friday with an increase at 46.62 TL. Euro started from 53.08 TL.
The data agenda is calm in the markets today.
Markets are watching the strong dollar. The dollar tended to strengthen with the expectations that the Fed would raise interest rates following the figures expressing the strength of the US economy. The dollar had reached its peak in the last 1.5 years.
The dollar started the last day of the week with a decrease against global currencies, at 101,100 levels.
The US economy grew above expectations with 2.1 percent in the first quarter of this year.
Oil prices continue to remain at pre-war levels. Oil prices, which start at $74 today, also affect the CBRT’s reserves.
CBRT’s reserves increased by 5.1 billion dollars last week. Foreigners started buying stocks and bonds.
Locals’ demand for foreign currency continues to be limited. CBRT President Fatih Karahan, in his presentation in London, said that there was no dollarization and that the demand for Turkish lira assets was alive.
The data agenda is calm in the markets today.
