Economic giants announce their Dollar/TL forecasts

As the volatile trend in the Dollar/TL exchange rate continues, the year-end expectations of 7 institutions have drawn attention. The dollar/TL expectations of these economic giants range between 32.5 and 37 TL.

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Economic giants announce their Dollar/TL forecasts

This week, the US dollar lost 0.27 percent in value, falling to 32.9680 liras. While the dollar exchange rate has been moving within a narrow band for a long time, year-end forecasts have also been updated.

The Central Bank of the Republic of Turkey's (TCMB) year-end dollar/TL forecast fell from 37.7463 to 37.3667 TL. The 12-month dollar/TL expectation, on the other hand, rose from 41.4115 to 41.5175.

Meanwhile, the year-end dollar/TL forecasts of some financial institutions have also been updated. Among the 7 institutions, the most optimistic forecast was 32.5 TL. The highest dollar exchange rate expectation was recorded at 37 TL.