How many Turkish lira is the dollar – euro? What was the latest dollar exchange rate? The latest situation in foreign exchange rates on the interbank market… Exchange rates started the new week with a flat trend. The Dollar/TL hovered around 34.29 in the first transactions of the week. Meanwhile, the Euro/TL changed hands at 37 levels with a 0.16% decrease. The cabinet meeting, to be held under the presidency of the President, will be closely followed on the first day of the short week. Today, transactions in the domestic market will only take place for half a day. Tomorrow is an official holiday. The market will reopen on Wednesday. In global markets, geopolitical developments took the lead in pricing after the attacks by Israel on Iran did not cause any damage to oil and nuclear facilities. After the retaliatory attacks on Iran by Israel over the weekend, Tehran’s missile factories and other facilities were targeted, while the nuclear facilities remained intact. Following the tension between Israel and Iran, oil prices fell sharply to $72, with a 4.2% decrease. Furthermore, the speed of interest rate cuts in the US and expectations for the elections continue to have an impact on pricing in global markets. Markets are pricing in a 25 basis point interest rate cut with a 95% probability at the Fed’s monetary policy meeting in November. A month ago, a 50 basis point interest rate cut was priced in with a 50% probability.