As the dollar/TL prepares to close 2024 with a loss in value of nearly 16 percent, it has surpassed the 35 lira level. The exchange rate saw an all-time high of 35.07 today. Developments affecting the course of the dollar/TL have caused investors to turn their eyes to 2025 forecasts.
Foreign banks have announced their 2025 forecasts for the dollar/TL. The banks' estimates have been set around 43-45 lira.
The foreign banks' 2025 dollar/TL forecasts point to a significant rise in the exchange rate. Here are the prominent forecasts:
JPMorgan: 45 lira (28.5 percent increase)
Goldman Sachs: 44 lira (25 percent increase)
Deutsche Bank and Morgan Stanley: 43 lira (22.85 percent increase)
News Source: 12punto