50 Kurus Increase in Gasoline Expected

According to information obtained from industry sources, gasoline will increase once again. The hike, which will be effective as of Friday, November 19, will be in the range of 48 to 52 cents. Tomorrow’s meeting of the CBRT would be decisive for diesel and LPG. Until the announcement from President Erdogan…

One of the natural consequences of the increase in the dollar rate is liquid fuel increase in prices. As we all know, gasoline, diesel and LPG are getting a little higher every day. The latest news reveals that another hike in gasoline is on the way. Moreover, this hike not at a reasonable level.

According to Bloomberg HT’s special news, there will be a hike in gasoline. This raise 48 to 52 cents will occur in the range. According to information based on industry sources, new prices, on Friday, November 19 will be valid as of What about diesel and LPG? It is very likely that there will be news of a new raise for them too…

The critical day was (was) tomorrow…

Central Bank of Turkey Republic (CBT), will hold a meeting tomorrow. The decision to come out of this meeting will also determine the course of the dollar exchange rate. a possible rate cut decisionwill cause the dollar rate to rise even more and the price of everything we import, especially fuel products, to rise. We would like to be hopeful on this issue, but President Erdoğan, who made a statement in the past hours, said, “We will remove the scourge of interest from our nation. We will not oppress our nation with interest. As long as I am in office, I will continue my fight against interest. I will not be with those who defend interest rates.using the phrases ” He has already announced the coming of tomorrow from today.

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Finally; The dollar exchange rate with the interest rate hike by President Erdogan starting to rise sharply i have to say. The dollar rate, which was traded at 10.35 around 11:00 am, after Erdoğan’s statements up to 10.55* rose. The current dollar rate at 13:33, when this content was written, is 10.47…

*: The data in question was taken from Tradingview.


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