The second round of the presidential elections has been completed. According to the provisional results of the YSK, Recep Tayyip Erdoğan will continue as President for one more term. One of the people who wondered after the elections was the dollar rate. The free market dollar rate was opened at 19,963 TL with an increase of 3 cents compared to the previous closing in the first transactions at midnight.
In the following transactions, 20.0143 TL levels were seen for dollar TL.
As of 00:10, the dollar is traded at the level of 20.0115 TL in the free market.
20 TL is considered to be the psychological resistance point for the dollar.
Last transactions at bank counters are over 22 TL. Ziraat Bank has the lowest exchange rate with a sales quotation of 21.9782. The highest quotation is at Akbank with 24.5080 TL.
In the Grand Bazaar dollar exchange rate, the last quotations were above 21.30 TL.
It seems that it will be healthier to see the real reaction of the foreign exchange markets after the markets open tomorrow morning and the volume of the buying-selling transactions.
Before the election, foreign institutions had exchange rate estimates between 25-30 TL. However, the maturities set for these exchange rates were not very clear.
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