Türkiye's Borsa Istanbul down at open

Türkiye's Borsa Istanbul down at open

BIST 100 index falls 2.58 points from previous close

By Aysu Bicer

ANKARA (AA) - Türkiye's benchmark stock index BIST 100 opened the week at 3,279.03 points on Monday, down 0.08% or 2.58 points from the previous close.

The US dollar/Turkish lira exchange rate rose to 18.4487 as of 07.53 a.m. local time (0453GMT), versus 18.4150 at the previous close.

The euro/Turkish lira exchange rate was up to 17.7993 from 17.9000, while a British pound traded for 19.8136 Turkish liras, down from 20.1680.

Brent crude oil was selling for around $85.13 per barrel, down 1.18%, while the price of an ounce of gold stood at $1,646.22.

The price of Brent oil decreased almost 5% on Friday as the rising value of the US dollar repelled buyers from the dollar-indexed oil, and interest rate hikes by major economies triggered demand uncertainty.

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