New Historic Levels for US Dollar and Euro Exchange Rates
Following developments in global markets and the depreciation of the local currency, new peaks were recorded in foreign exchange rates.
The US Dollar/TRY exchange rate reached the 49 TRY level, breaking an all-time record due to the strengthening of the dollar in global markets and the depreciation of the Turkish Lira. Meanwhile, Euro/TRY continues to trade at 55.70 TRY in the markets.
Record Level in US Dollar/TRY Exchange Rate
The rise of the US dollar index on a global scale and the depreciation of the Turkish Lira significantly increased volatility in foreign exchange rates.
Current Market Data
As of 09:40, the US Dollar/TRY exchange rate stood at 49.00 TRY, renewing its highest peak in history.
Developments on the Euro/TRY Side
While the upward momentum continues in the Euro/TRY parity, current volatility in the foreign exchange markets is being closely monitored.
As of the specified time, Euro/TRY continues to find buyers at the 55.70 TRY level in the markets.