Critical period for dollar holders: Take your precautions!

Critical period for dollar holders: Take your precautions!
Critical period for dollar holders: Take your precautions!
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Although the dollar, which has recently attracted the attention of investors, first fell after the tension between Iran and Israel, it managed to recover in a short time. The dollar reaching historical peaks against the Turkish Lira causes various predictions to be made about the future. Economist Evren Devrim Zelyut made important evaluations, emphasizing that the dollar is at a critical threshold. Those who save dollars will be in trouble…

The dollar increased from 19 TL to 32.5 TL within a year, making investors nervous. The recent increase in the dollar also attracts the attention of economic experts.

The dollar, which was around 19 TL in 2023, rose to 32.5 TL within a year, and this creates concern in the markets.

Economist Evren Devrim Zelyut expressed the critical situation of the dollar and said, “There is a critical region between 32.70 and 33.70. If we pass this level quickly, exchange rate problems may cause us trouble. We have predictions of 42 and 43 TL for the end of the year. However, if something goes wrong, these predictions are less likely to come true and the dollar may reach higher levels,” he said.

The article is in Turkish

Tags: Critical period dollar holders precautions

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