According to the data announced by the financial data provider Fenics, the one-year projected volatility indicator of TL rose to 45.46 percent, the highest level of the last 15 years.
Investors focused on whether Tayyip Erdoğan, who was re-elected as president according to the election results, would make a change in the economic policies whose sustainability was criticized.
INCREASED IN DOLLAR/TL AFTER THE ELECTION
On the other hand, the increase in the dollar/TL accelerated after the election.
The rate started the day over 20.65 today. This morning, a record level was seen with 20.77 in USD/TL and 22.80 in Euro/TL.
At the beginning of the week, Erdogan had a meeting with Mehmet Şimşek, who has been working in the economy management for many years in the AKP staff.
After the meeting, the stock market rose sharply under the leadership of banking, with the increasing expectations in the markets that Şimşek, who came to the fore with his internationally accepted economic policies, could take a position in the new cabinet. Eurobond yields and CDS declined.