- BIST10011,483+1.32%
- USD50.07+0.05%
- EUR55.96-0.52%
- GOLD4,074.90-0.94%
- INTEREST36.00%-1.00
- BITCOIN75,778+0.03%
- November 8, 20266°
- BIST10011,483+1.32%
- USD50.07+0.05%
- EUR55.96-0.52%
- GOLD4,074.90-0.94%
- INTEREST36.00%-1.00
- BITCOIN75,778+0.03%
- November 8, 20266°
Dollar tops 50 liras as Istanbul stocks gain 6.7% in a week
The US dollar closed the week above 50 Turkish liras for the first time, while the benchmark BIST 100 index surged 6.72% and the price of a gram of gold at Istanbul’s Grand Bazaar rose to 6520 liras.
The US dollar ended the week at 50.158 Turkish liras, up 0.42% from the previous week, surpassing the 50-lira threshold for the first time. The euro also rose 0.37% to 55.929 liras.
Stocks led the list of the best-performing instruments, with the BIST 100 index climbing 6.72% to close at 11,482.60 points after ranging between 10,626.34 and 11,617 points during the week.
In the gold market, the price of a gram of 24-karat gold at Istanbul’s Grand Bazaar reached 6520 liras, up 3.57%. The Republic gold coin rose 4.24% to 42,928 liras, while the quarter gold coin increased 3.97% to 10,750 liras.
Turkish investment funds recorded an average weekly return of 0.84%, while pension funds returned 1.10%. Equity funds posted the highest return, at 2.51%.
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