The increase in the dollar rate, which exceeded 10 TL on November 12, could not be stopped and only 6 days after this date, the dollar broke a new record with 11 TL.
The Central Bank of the Republic of Turkey announced the interest rate decision that has been expected for days. The decision was to reduce the interest rate again, in line with President Erdogan’s statement the other day, contrary to raising the interest rate. With the fall in interest rates, the dollar only 10 minutes broke a new record.
Within 10 minutes after the Central Bank’s decision, the dollar rose from 10.53 to 10.97. Although there was a short-term decline in the dollar after the 44-cent increase in just 10 minutes, the dollar, which returned from the 11 threshold twice a day, finally broke this threshold at 16.13. 1 dollar became 11 TL.
Just 6 days ago, it was 10 TL:
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The dollar was hovering around 9 levels just six days ago. But it wasn’t stable at all at these levels either. The dollar, which exceeded the 9 threshold on October 11set a new record with 9.38 on October 19, closing at 9.29. After the Central Bank’s interest rate decision on October 21, it closed the day at 9.50. On October 25, a new record was set with 9.85, and the day was closed at 9.58. In the following days, the rise in the dollar continued.
Dollar for the first time on November 12, seeing 10.02 It went over $10. But the increase in the following days was much more severe than the previous increases. 10.08 on 15 October, 10.42 on 16 October, 10.69 on 17 October and finally the Central Bank announced its new interest rate decision. 10.97 levels on October 18 seen.
