Turkish Lira stabilizes against the dollar

The Turkish Lira on Thursday stabilized against the US dollars at 3.8055 after a brief drop on Wednesday while the TL to the Euros started the day around 4.72-4.73 and Pounds Sterling around 5.2923-5.2940.

The dollar / TL, on Wednesday hit 3.8093, before dropping to 3.7915, which was parallel to the depreciation of the dollar against other currencies in the global markets but later finished the day with a flat rate of 3.7936.

In the interbank market, the dollar is above 3.80 and the Euro / TL  is around 4.72-4.73.

The dollar index declined 0.1 percent to 89.59 while the euro / dollar parity was stabilized above 1.24 percent.