Dollar/TLFollowing the Central Bank’s April interest rate decision, it is traded at 32.54.
Euro/TL It is watching at 34.90.
The dollar index is currently at 105.7, 0.1 percent below the previous close.
THE CENTRAL BANK DID NOT CHANGE THE INTEREST RATE
The Central Bank of the Republic of Turkey (CBRT) kept the policy rate constant at 50 percent.
Economists’ expectations were that the interest rate would be left constant.
Stating that the uncertainty about when the Fed will start reducing interest rates continues to make asset pricing difficult, analysts reported that in the money markets, it is considered certain that the bank will keep the policy rate constant in May, and the probability of a rate cut in June is priced at 17 percent and in July at 44 percent.
Analysts noted that technically, 105 and 104 levels in the dollar index stand out as support and 106 and 107 as resistance.
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