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Dollar exceeds 17, Central Bank intervenes By

© Reuters. – the rate rose 8% to 17.14 today, and with the historical peak seen, the intervention came from the Central Bank. With the intervention, the exchange rate dropped to 16.30. The Central Bank, which intervened in the market by selling foreign currency 5 times this month in …

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Danske Bank expects continued Turkish lira depreciation By Foreks

© Reuters. MARKET OVERVIEW-Danske Bank expects the depreciation of TL to continue Evaluating the effects of the CBRT’s monetary policy steps on the Turkish lira, Danske Bank predicted that low real interest rates, weakening global financial conditions and weak fundamental indicators will push the Turkish lira down in an environment …

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