How many Turkish Liras are dollar and euro? What was the latest dollar exchange rate? The current situation in exchange rates in the interbank market…

There is a slight increase in exchange rates. The dollar/TL, which was horizontal yesterday, closed the day at 36.3010, just above the previous closing. As of 09.25, the dollar/TL is trading at 36.4090 with a 0.3% increase from the previous close. At the same time, the euro/TL is selling at 38.2040 with a 0.1% decrease, and the pound/TL is trading horizontally at 46.1060. The dollar index is at 106.5 with a 0.1% increase. BESSENT: EVERYTHING WILL BE DEFLATIONARY As the global dilemma between inflation and recession continues, concerns about the impact of US President Donald Trump’s protectionist trade policies on the current economic outlook remained a key focus. Meanwhile, US Treasury Secretary Scott Bessent claimed that everything the Trump administration does will be “deflationary.” Bessent explained that they will reduce energy costs, cut regulations, make tax cuts permanent, thus providing income growth and cost reduction. Bessent argued that if there is a price adjustment due to tariffs, it will be temporary and will not prevent the Federal Reserve (Fed) from lowering interest rates for a long time. CAUTIOUS MESSAGES FROM FED MEMBERS Chicago Fed President Austan Goolsbee stressed the importance of not forgetting the significant progress made in lowering inflation from its highest level in 40 years in 2022. Goolsbee stated that the level of uncertainty in the economy and the impact of evolving tariff policies of the Trump administration could be significant. Atlanta Fed President Raphael Bostic said his base expectation was for two quarter-point rate cuts this year, but noted that the uncertainty surrounding this was considered very important. St. Louis Fed President Alberto Musalem pointed out that short-term inflation expectations in the market and some surveys have significantly increased in the last 3 months, suggesting that a more restrictive monetary policy trajectory may be appropriate if inflation remains above the current target or expectations increase. Analysts pointed out that today the financial services confidence index domestically, the Purchasing Managers’ Index (PMI) for manufacturing and services sectors worldwide, as well as the University of Michigan consumer confidence index and existing home sales in the US will be monitored. They expressed that from a technical standpoint, 106 is seen as a support level and 107 points as resistance in the dollar index.