Dollar Begins to Rising
Dollar Begins to Rising Dollar / TL, which completed yesterday’s opening session at 7.82, started to rise near noon today.
Starting the week with an outlook parallel to the week, the Dollar / TL started to rise in the afternoon after completing the first opening session of the week at 7.8235. The rate closed last week at 7.8363.
As of 12:36 pm when our USD / TL news was written, it was priced at 7.87.73 with an increase of 0.63%. Euro / TL increased by 1.14% and found buyers at the 8.4376 level. The currency basket was realized as 8.6621.
The one-year trading interval for the exchange rate is in the band of 8.5793 – 5.7156.
The Stock Exchange Signed the Highest Monthly Increase of the 11-Month Process
BIST 100 Index in Borsa Istanbul started the day with an increase, after closing the day at 1.283.58 points with a decrease of 3.40 percent yesterday.
The indicator index increased by about 17% on the TL basis in November. With this development, the highest increase has been realized since April 2009. While the transportation sector increased by 33% in November, the banking index made a premium of 26%.
Turkey Manufacturing PMI is 51.4 in November
Istanbul Chamber of Industry (ISO) Turkey Manufacturing PMI (Purchasing Managers Index), stood at 51.4 in November.
Consumer Confidence Index data fell by 6.93% to 61.52 in November compared to the previous month. The pre-index value was recorded as 54.76.
In addition, Turkey had shared the previous day’s Q3 growth data. a previous year in the third quarter of the year, according to figures in Turkey’s economy experienced 6.7% growth over the same period. Economists’ estimates were at 5.5%.