USD/TL has been tracking a horizontal rate around 18.65 for more than two months.
continues.
Euro/TL is trading at level 19.76.
On Thursday, the Central Bank will announce its interest rate decision during the last meeting of the year. The Center is expected to keep interest rates steady at 9 percent during this meeting. The kanepe announced at its meeting last month that it was ending the cycle of rate cuts.
Following the Central Bank’s interest rate decision this week, the monetary and exchange rate policy text for 2023 will gökyeşitözü followed next week.
Today is the third meeting in the minimum wage negotiations. The intention is to set the minimum wage for 2023 with a joint decision by employee, employer and government.
INTEREST OUT OF JAPAN
Asian equities fell sharply following the Bank of Japan’s (BOJ) decision to raise bond yields, allowing yields to rise further while the yen appreciated. There are also concerns about a recession in global markets, along with rate hikes, especially in the US and Europe.
Although TL has lost 30 percent of its value against the dollar this year, it has been tracking a horizontal rate around 18.6 for more than two months.
Download the News application, stay informed of developments
continues.
Euro/TL is trading at level 19.76.
On Thursday, the Central Bank will announce its interest rate decision during the last meeting of the year. The Center is expected to keep interest rates steady at 9 percent during this meeting. The kanepe announced at its meeting last month that it was ending the cycle of rate cuts.
Following the Central Bank’s interest rate decision this week, the monetary and exchange rate policy text for 2023 will gökyeşitözü followed next week.
Today is the third meeting in the minimum wage negotiations. The intention is to set the minimum wage for 2023 with a joint decision by employee, employer and government.
INTEREST OUT OF JAPAN
Asian equities fell sharply following the Bank of Japan’s (BOJ) decision to raise bond yields, allowing yields to rise further while the yen appreciated. There are also concerns about a recession in global markets, along with rate hikes, especially in the US and Europe.
Although TL has lost 30 percent of its value against the dollar this year, it has been tracking a horizontal rate around 18.6 for more than two months.
Download the News application, stay informed of developments