After the operations against IMM President Ekrem İmamoğlu, the dollar, which saw the historical summits and then declined to 38 TL with the intervention of the CBRT, is still watching these levels. The euro continues its horizontal course at 41 TL.
Economic management, who wants to stop the fluctuations in the markets and make stable traveling, meets with foreign investors one after the other.
Yesterday, CBRT President Fatih Karahan and Teleconference Method met with foreign investors in London Treasury and Finance Minister Mehmet Simsek, recent fluctuations experienced in inflation will not cause permanent damage, he said. Şimşek stated that 60 percent of the foreign exchange demand in the recent fluctuation came from foreign investors, 30 percent of the domestic company, 10 percent of individuals, he said.
Central Bank (CBRT) net foreign exchange position, Istanbul Metropolitan Municipality Mayor Ekrem Imamoglu was taken into custody in three days that began with Wednesday, March 19 decreased close to 27 billion dollars. The first day of the detention was made of 11.2 billion dollars. 26.7 billion dollars decreased in three days.
Speaking at the investor meeting held yesterday, CBRT President Fatih Karahan said that the interim decision meeting was a necessity recently. Karahan said that the CBRT had a lot of vehicle sets in his hand and that he could take new actions when necessary.
Vice President Cevdet Yilmaz participated in a television program, “the reserves are obvious. Central Bank and CMB took some necessary proactive actions. These are temporary, 3-5 days. Of course, this period will have a certain extent. A small amount of exchange rate, 1-2 points in expectations may be a passage of 1-2 points,” he said. Yilmaz, this week on the agenda of funds and shares of the plan to reduce the plan is not on the agenda, he said.
Foreign investment banks also publish reports one after the other and revisions in expectations of the Turkish economy. Finally, Bank of America updated both the dollar rate and inflation expectation upwards.
The dollar continues to melt against global currencies. The DXY index, which measures the power of the dollar against other currencies, fell from the 108 -level levels to 102,955 at the beginning of March.
