Investors are closely monitoring the trading levels of major foreign currencies against the Turkish lira in Istanbul's free market. The dollar, euro and British pound, as well as the Swiss franc, Canadian dollar, Australian dollar, Japanese yen, Saudi riyal and other major currencies, continue to trade at current bid and ask prices.
While expectations regarding central banks' monetary policies, geopolitical developments and macroeconomic data continue to influence exchange rates in global markets, investors are closely following the steps of the US Federal Reserve (Fed), the European Central Bank (ECB) and the Central Bank of the Republic of Turkey (CBRT) in particular.
Analysts point out that volatility in currency markets may continue, and note that investment decisions should be made by evaluating current exchange rate data together with global economic developments.