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The banks' rejection of 'white dollars' and currency forecasts: The dollar is expected to be in the 40s by 2025.

The banks' rejection of 'white dollars' and currency forecasts: The dollar is expected to be in the 40s by 2025.

19.12.2024 17:30

Evaluating the negative effects caused by claims of counterfeit dollars in the market, Vural stated that banks do not accept the old $100 and $50 "white dollars" without any justification. He expressed that this situation needs to be resolved by the end of the year. He emphasized that official places should be preferred for safe transactions in currency purchases and warned about counterfeit dollars.

Oğuz Vural, Chairman of the Board of Koza Foreign Exchange, was a guest of presenter Gökay Kalaycıoğlu on Haberler.com.

"BANKS DO NOT ACCEPT THE OLD 100 AND 50 DOLLAR BILLS KNOWN AS 'WHITE DOLLARS' WITHOUT ANY REASON"

Evaluating the negative effects of counterfeit dollar claims on the market, Vural stated, "I do not believe that there are this many counterfeit dollars in the market; if there were, we would have encountered them too. Banks do not accept the old 100 and 50 dollar 'white dollars' without providing a reason. This situation needs to be resolved by the end of the year," drawing attention to the trust issue in the sector.

Banks' rejection of 'white dollars' and currency predictions: Dollar expected to be in the 40s in 2025

"YOU MUST KEEP EVERY FOREIGN CURRENCY RECEIPT WITH IT"

Vural emphasized that official places should be preferred for safe currency transactions. "Foreign currencies must be purchased from official places. You must keep every amount of money with its receipt. Counterfeit dollars can pass through money counting machines, so caution is necessary," he stated. He also added that contact with water does not invalidate the money, but it can cause problems in machines.

"WE PREDICT THAT THE DOLLAR WILL SEE THE 40s IN 2025"

Highlighting that the rise of foreign currency is inevitable with the decrease in interest rates, Oğuz Vural shared their expectations for the exchange rate for 2025. "In our opinion, the appropriate value of the dollar should be 46-47 Turkish liras. We predict that the dollar will see the 40s in 2025," he said. Vural expressed that the crisis has deepened due to the current stance of the banks and stated that the sector is waiting for a solution.



 
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