17:47 - 6.11.2024

---

November 6, Fineko/abc.az. The end of the U.S. elections and the re-election of Donald Trump as president affected the exchange rate of most currencies.

ABC.AZ reports that the Turkish lira has become the only currency that has increased in value compared to the US dollar, despite depreciation of many currencies amid the prospect of Donald Trump's return to the White House.

Thus, at 13:55 on Baku time, the lira rose by 0.3% against the dollar.

According to traders knowledgeable in this matter, this is linked with the strong support of state-owned banks and encouragement of foreign funds to enter the market.

The traders did not ask to be named, as it is not allowed to make statements.

By Elmir Murad