The Central Bank increased its policy rate to 46% yesterday. After the interest rate decision, the Dollar and Euro started the first trading day with a slight increase. The effects of the Central Bank’s interest move are being closely monitored in domestic markets. The Dollar/TL started today around 38.15 with an increase of 0.44%. Euro/TL changed hands at 43.53. With yesterday’s decision, the Central Bank raised its policy rate to 46%, where it funds the market, and its overnight lending rate to 49%. The CBRT announced that it will restart weekly repo auctions, which it stopped about a month ago. Investors will be watching how much funding is provided to the market with the repo auction expected to start today, and its impact on the current overnight interest rates at 46%. Due to the Easter holiday abroad, most markets will be closed, resulting in an expected decrease in trading volumes. According to the CBRT’s schedule, the next interest rate decision will be made in two months. Goldman Sachs stated that if there are no new shocks in the markets, interest rate cuts are expected to resume in July. The bank raised its year-end policy rate forecast from 28.5% to 33%.