How much is the dollar to euro exchange rate in TL? What was the latest dollar rate? The latest updates on currency rates in the interbank market…The foreign exchange rates continue to show a stable trend. The dollar/TL started the day at 36.32 level, with a focus on global developments related to domestic agenda and trade wars in the market. Today, the consumer confidence index for February and the weekly monetary and banking, foreign exchange reserves, and securities statistics of the Central Bank of the Republic of Turkey (CBRT) will be monitored in the domestic agenda. RECORD RESERVES EXPECTED Bank calculations suggest that in the week ending on February 14, the CBRT’s gross total reserves exceeded $173 billion with a close to $6 billion increase compared to the previous week, reaching a new peak. The net reserves, on the other hand, increased to over $73 billion with an increase of around $6 billion, according to bank calculations, setting a new record. Similarly, excluding swaps, net reserves increased to $71.5 billion with an increase of over $6 billion from the previous week. The Turkish Lira showed a limited change with a 2.6% depreciation against the dollar since the beginning of the year. GLOBAL MARKETS Asian markets sharply declined following weakened risk appetite due to changes in US President Donald Trump’s foreign trade policies and cautious language used in the Fed’s minutes. According to the minutes of the Fed’s meeting held on January 28 and 29, officials highlighted upward risks to inflation expectations rather than risks to the labor market. As markets avoided risks, gold prices surged to historic highs, while currency values, serving as safe havens, gained value with support from concerns about geopolitical developments. Yen led the gains.