Foreign currencies strengthening against the Turkish lira

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Foreign currencies strengthening against the Turkish lira
Oluşturulma Tarihi: Haziran 20, 2006 11:52

Foreign market concern over inflation rates and a new possible raise in interest rates by the US Federal Reserve have affected Turkish markets. The dollar began the day trading at 1.6200 YTL, with the Euro at 2,0300 YTL. Meanwhile, the Istanbul Stock Exchange slipped below 34,500 points after the opening of initial trading.

Haberin Devamı

Speculation over whether or not the Central Bank in Ankara will interfere with the rise of foreign currency against the Turkish lira is continuing.

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