Finance analyst İslam Memiş evaluated foreign exchange figures, stock exchange and gold. Memiş gave a ‘double’ warning to investors and those who are considering investing. Memiş made evaluations by emphasizing that there is only one thing that needs to be done in terms of gram gold.
“Those who follow the market daily generally see the TL value of the instruments and comment on it.
“Most of those who have TL income monitor their investments in TL,” he said.
In his article on TV100, Memiş continued as follows:
Professional investors and market experts evaluate values in two types. Domestic market, foreign market. International market, domestic market.
Following these evaluations, Islam Memiş emphasized that it is necessary to think from two perspectives, and said, “For example; Did the dollar fall or rise? Which dollar? Dollar/TL or dollar index (dxy)? Dollar/TL is between 33.50-33.80 liras. Dollar index (dxy) is between 102-103. When you hear that the dollar has lost value on economic channels or in comments, do not think only about dollar/TL. The dollar index (dxy), in other words its value in international markets, may also be being discussed.”
“Gold has increased. Which gold? Ounce gold? Gram gold?” asked İslam Memiş, “Ounce gold is between 2,420-2,425 dollars.”
“Gram gold is between 2,640-2,650 liras. When you say gold, don’t just think of gram gold,” he said.