Turkish Lira stabilizes against the US dollar

The Turkish Lira has gained some stability against the US Dollars in the new week following a rise last week.

The TL/dollar started the day at 3.7530 while the TL/ Euro traded at 4.65 and the TL/Pounds at 5,2556-5,2570.

On Friday last week, the dollar was up to 3.7745 to the TR while the Euro hit a record high at 4.72 to the TL.

Analysts say data flow will remain calm in Turkey and abroad today and that 3.70 percent of the 3.7350 support in the USD / TL will be viable, and 3.79 will be watched as resistance.