ING's dollar and euro forecast for Türkiye

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ING's dollar and euro forecast for Türkiye

ING's dollar and euro forecast for Türkiye

ING, headquartered in Amsterdam, the capital of the Netherlands, has a year-end dollar forecast of 43 lira and a euro forecast of 48.59 lira.

Photo: Pexels

The bank expects the dollar to be at 39.44 lira and the euro to be at 44.57 lira in the first half of the year.

According to CNBC-e , drawing attention to the interest rate cuts by the Central Bank (CBRT), ING stated that 'there will be some reductions in the coming months, but this will not significantly affect the lira.'

ING's forecast. Photo: CNBC-e

The bank also said it continues to expect inflation to be below 30 percent by the end of the year.

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