Turkish Lira show gradual rise against the Dollar after a brief drop

The Turkish Lira has shown a gradual increase against the US Dollars starting the day with 3.7883 on the international market.

On Monday, the Turkish Lira closed at 3.8050 against the dollar at the international market but started the day (Tuesday) at 3.7883.

The Turkish Lira started the day at 4.6783 against the Euro while the British Pounds started the day at around 5,2653-5,2670. Also the Euro against the Dollar as at Tuesday morning stands at 1.2305 level.

Due to the increasing volatility in global markets, dollar / TL, rose to 3,8453 on last trading day of last week due to the effect of high dollar demand but started to decrease in the new week due to stabilization in US market.