Current Developments in Dollar and Euro: Watch!

The depreciation of the Turkish lira and fluctuations in foreign exchange rates have become an important agenda item for both investors and citizens. Recently, changes between the dollar and Euro are being closely monitored. The Central Bank of the Republic of Turkey (CBRT) updated the dollar and Euro/TL exchange rates for October 31, 2025, and announced the current status of the foreign exchange market.

The CBRT has determined the effective exchange rate for the dollar at 41.8707 TL for buying and 42.0385 TL for selling as of yesterday. Compared to previous data, the previous effective exchange rate was recorded as 41.8406 TL for buying and 42.0082 TL for selling. These figures are critically important for understanding the impact of recent developments in foreign exchange rates on the Turkish economy.

Investors' interest in the foreign exchange market is shaped not only by daily fluctuations but also by macroeconomic data and volatility in international markets. Especially, the Euro exchange rate shows variability in parallel with developments in the European economy. For developing countries like Turkey, an increase in foreign exchange rates can amplify inflationary pressures while also affecting import costs.

Fluctuations in foreign exchange rates are noteworthy not only for international trade and investment decisions but also for their effects on individual savings. Citizens are seeking ways to protect their savings against rising foreign exchange rates, while investors are exploring ways to benefit from these changes.

In this context, the rates updated by the CBRT are influential not only for the foreign exchange market but also for the overall outlook of the markets. Especially, fluctuating exchange rates lead to various comments on economic management and monetary policies. Thus, investors and economists continue to analyze these changes in foreign exchange rates in detail and evaluate potential scenarios for the future.