Exchange rates on November 11

According to the foreign exchange market data on the morning of Monday, November 11, the rates of major foreign currencies against the Turkish lira continue to show moderate growth.

The US dollar is bought at 42.10 lira and sold at 42.40. The euro — at 48.60 for buying and 49.05 for selling. The British pound is bought at 55.35 lira and sold at 55.80.

Experts note that the strengthening of the currencies is due to continued demand for foreign currency and expectations regarding the further policy of the Central Bank of Turkey, which continues to keep interest rates at a high level to curb inflation.