All eyes on Moody’s decision… How much is the dollar in TL, how much is the euro? (Current Exchange Rate as of July 19)

Following the European Central Bank’s (ECB) decision to keep interest rates unchanged, all eyes are on the international credit rating agency Moody’s assessment of Turkey’s credit rating and outlook.

The dollar exchange rate, which is moving in an upward trend, has held on above the level of 33 TL. As of now, the Dollar/TL is being traded at 33.1399, up 19 percent.

At the same time, Euro/TL is moving at 36.1137.

What time will Moody’s announce Turkey’s credit rating?

Moody’s is expected to evaluate Turkey’s rating and outlook. Expected to be announced after 23:30, the expectation of a rating increase is high.

Source: www.dunya.com