According to data published by the financial data provider Fenics, TL’s one-year projected volatility indicatorYeah It rose to 45.46 percent, the highest level in the last 15 years.

Investors focused on whether Tayyip Erdoğan, who was re-elected president based on election results, would make a change in economic policies whose sustainability was criticized.

INCREASED IN DOLLAR/TL AFTER THE ELECTION

On the other hand, the dollar/TL increase accelerated after the elections.

The rate started the day above 20.65 today. This morning, a record level was seen with 20.77 in USD/TL and 22.80 in Euro/TL.

At the beginning of the week, Erdogan met with Mehmet Şimşek, who has been working in economic management for many years on the AKP staff.

After the meeting, the stock market rose strongly under the leadership of the banks, with growing expectations in the markets that Şimşek, who came to the fore with his internationally accepted economic policies, could take a seat in the new cabinet. . Eurobond and CDS yields fell. (REUTERS, SOZCU.COM.TR)