After the Central Bank's interest rate decision, gold and foreign exchange became volatile.

After the Central Bank's interest rate decision, gold and foreign exchange became volatile.

23.01.2025 14:51

The Central Bank of the Republic of Turkey (CBRT) has announced the interest rate decision that the markets have been eagerly awaiting. Following the decrease of the policy interest rate to 45%, fluctuations have been observed in foreign exchange and gold.

The Central Bank's Monetary Policy Committee announced its first interest rate decision for 2025. In line with expectations and surveys, the bank reduced the policy interest rate by 2.5 points to 45%. After the decision, the first figures emerged.

Following the decision, there was a limited upward movement in the dollar, while a limited decrease was observed in gold and gram gold as well.

Dollar prices: Buy - 35.6545 / Sell - 35.6585

Euro prices: Buy - 37.1937 / Sell - 37.2166

British pound prices: Buy - 44.0099 / Sell - 44.0557

Gram gold prices: Buy - 3,155.49 / Sell - 3,155.82

Quarter gold prices: Buy - 5,140.00 / Sell - 5,175.00

Half gold prices: Buy - 10,281.00 / Sell - 10,351.00

Full gold prices: Buy - 20,196.10 / Sell - 20,592.24

Ata gold prices: Buy - 20,831.96 / Sell - 21,355.08

Republic gold prices: Buy - 20,500.00 / Sell - 20,617.00

PRICES BEFORE THE CENTRAL BANK'S DECISION

Before the decision, the gram of gold was being bought at 3,128 lira and sold at 3,155 lira. The dollar was trading at the level of 35.65.

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