What matters this morning

The COVID-19 cases have exceeded 5,000 again as of yesterday, after it hovered around 4,500 for five days. The number of daily coronavirus cases totaled 5,299 and the death toll reached 37 in the last 24 hours.

As the struggle with delta variant of the virus still continue first cases of delta plus variant started to be seen. Health Minister Fahrettin Koca said that delta variant cases rose to 284 in 30 provinces, and three cases of the new delta plus variant confirmed in three cities, including Istanbul. Although 54 million people have been inoculated, 16 million people received the second dose and more than 1 million people even received the third dose, Turkey still ranks sixth among 192 states with the highest number of COVID-19 cases by over 5.4 million in total, according to the Coronavirus Resource Center of John Hopkins.

Unlike the COVID-19 cases, foreign exchange rates haven’t showed a significant increase since the last week of June. USD/TRY, which hovered around 8.65-8.75 in this period, is traded at 8.66. EUR/TRY stands at 10.24.

Oil prices decreased by more than 3% as concerns raised over the fact that petroleum producing countries will rapidly increase supply to take market share in case no agreement is made in OPEC+. Brent crude is traded at 75.19 with a slight increase, compared to yesterday.


The highest USD yielded monthly real profit was 0.95% in accordance with the Consumer Price Index (CPI) in June, according to the Turkish Statistical Institute. However, USD investors made a loss of 1.06% in accordance with the Domestic Producer Price Index (D-PPI) last month.

The Ministry of Treasury and Finance will release cash realization figures (5.30 pm).

The Ministry of Treasury and Finance will directly sell the 3-year maturity gold bond and gold denominated lease certificate.

Leave a Reply

Your email address will not be published.