- BIST10011,483+1.32%
- USD50.07+0.05%
- EUR55.96-0.52%
- GOLD4,074.90-0.94%
- INTEREST36.00%-1.00
- BITCOIN75,766+0.02%
- November 8, 20268°
- BIST10011,483+1.32%
- USD50.07+0.05%
- EUR55.96-0.52%
- GOLD4,074.90-0.94%
- INTEREST36.00%-1.00
- BITCOIN75,766+0.02%
- November 8, 20268°
Dollar tops 50 lira as Borsa Istanbul posts a 6.7% weekly gain
The US dollar closed the week above 50 Turkish lira for the first time, while Borsa Istanbul's benchmark BIST 100 index jumped 6.72% and gold prices in Istanbul's Grand Bazaar rose more than 3.5%.
The US dollar ended the week at 50.158 Turkish lira, up 0.42% from the previous Friday, crossing the 50-lira threshold for the first time. The euro rose 0.37% to 55.929 lira.
Turkish stocks were the week's best performer. Borsa Istanbul's BIST 100 index climbed 6.72% to close at 11,482.60 points after trading between 10,626.34 and 11,617.00 during the week.
Gold also gained. A gram of 24-karat bullion gold sold for 6,520 lira in Istanbul's Grand Bazaar, up 3.57%, while the Republic gold coin rose 4.24% to 42,928 lira and the quarter coin climbed 3.97% to 10,750 lira.
Turkish investment funds returned an average of 0.84% and pension funds 1.10%, with equity funds leading at 2.51%.
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