Dollar – Euro how much TL? How much was the dollar rate last? The latest situation in exchange rates in the interbank market.
USD/TLAfter starting the new week flat, it is trading at 18.79.
Euro/TL finds buyers at 20.32.
Testing its lowest level since June 3, 2022 with 101.77 today, the dollar index is currently trading at 102.2.
Euro/dollar parity also finds buyers at 1.0814. Analysts stated that after the inflation data announced in the USA last week, expectations that the US Federal Reserve (Fed) will slow down the tightening steps have increased, and that this put pressure on the dollar against other currencies. In the money markets, the expectations that the US Federal Reserve (Fed) will increase the interest rate by 25 basis points at its meeting next month were 94 percent. Stating that the news flow from the Davos Summit, which will start today, will be followed, the analysts noted that the ZEW economic confidence index is prominent in the data agenda in Germany and the Euro Zone. Analysts pointed out that the trading volumes in the global markets may be low due to the holiday in the USA today, and stated that 103 is technically a resistance and 101.5 is a support in the dollar index.