How many Turkish Liras for Dollar-Euro exchange rate? What was the latest Dollar rate? Current situation of exchange rates in the interbank market…

Exchange rates experienced a decline on the day when the U.S. elections were being watched. The Dollar to Turkish Lira ratio saw a decrease of 0.19%, trading at 34.24. Euro to Turkish Lira, on the other hand, lost 2.27% value due to the rise in the dollar index and changed hands at 36.69. The Euro to Dollar ratio also traded at 1.0703, down 2.1%.

The Turkish Lira stood out from other emerging currencies, becoming one of the rare currencies that could gain value against the strengthening dollar globally.

According to unofficial results, the new president of the U.S. is Donald Trump. The Republican candidate Trump received 51.2% of the votes. Surpassing the necessary 270 delegates for the presidency, he won 277 delegates.

The victory of Trump, who advocates protectionist policies, led to an increase in the dollar index. The dollar index exceeded the 105 level with an increase of 1.89%. It reached its highest level since July 2024. Economists believe that if Trump’s plans on immigration, tax cuts, and tariffs are implemented, it could create upward pressure on inflation and bond yields. It is expressed that Trump’s policies may raise the dollar and make it difficult for the Federal Reserve (Fed) to decide on interest rate cuts.