The Markets Are Watching! The Recent Situation in the Dollar and the Euro Has Become Clear
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Military tensions in the Middle East shook global markets, while rising oil prices and US bond yields pushed the dollar to its highest level. The dollar exchange rate rose to 48.30 TL, while the euro fell to 55.96 TL and the pound sterling to 65.26 TL.
In the Istanbul free market, the dollar started the day at 48.2980 lira and the euro at 55.9670 lira.
Military tensions in the Middle East shook global markets, while rising oil prices and US bond yields pushed the dollar to its highest level. The dollar exchange rate rose to 48.30 TL, while the euro fell to 55.96 TL and the pound sterling to 65.26 TL.
On the first trading day of the new month, the dollar/TL is above 48 lira and the euro/TL is trading at 56 lira. As of 7:17 a.m., the dollar/TL is trading at 48.2791 lira, while euro/TL is at 56.0372 lira.
The dollar/TL started Tuesday at 48.27 TL, while the euro started at 56.02 TL. Türkiye's economy grew less than expected in the second quarter. Tensions between the US and Iran are being monitored.
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