What is the current exchange rate for the dollar?
The dollar/TL pair started the second trading day of the week above 27.83.
The US dollar and treasury yields have shown an upward trend ahead of a speech by US Federal Reserve (Fed) Chair Jerome Powell this week, which could guide future interest rate decisions.
Markets believe that Powell's speech on Thursday could provide more clarity regarding the Fed's stance on interest rates.
The dollar index, which fell to 106.184 yesterday, is currently at the 106.363 level. The US 10-year bond yield is recording an increase at 4.750 percent.
DOLLAR/TL TRADING WITH GAINS
The dollar/TL pair started the second trading day of the week above 27.83. The exchange rate is currently rising and trading at 27.89 lira. During the day, the dollar/TL pair saw a low of 27.76 and a high of 27.95. Meanwhile, the euro is moving sideways at 29.45 lira at the same time.
News Source: 12punto
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