The Central Bank of the Republic of Turkey (CBRT) took an unexpected step by lowering the policy rate for the first time in nearly two years, cutting it by 250 basis points from 50% to 47.50%.

With the rate cut, as we mentioned in the morning, there was significant movement in foreign exchange, gold, and the stock market.

Before the rate cut was announced:

- The dollar rose from 35.17 to 35.28 (an increase of 0.31%).

- Gram gold increased from 2,962 TL to 2,982 TL (an increase of 0.67%).

- The stock market climbed from 9,916 points to 10,050 points (an increase of 1.35%).

After the rate cut was announced:

- The dollar fell from 35.27 to 35.10 and is currently trading at 35.14 (a decrease of 0.49%).

- Gram gold dropped from 2,980 TL to 2,960 TL and is currently trading at 2,970 TL (a decrease of 0.67%).

- The stock market decreased from 10,044 points to 9,890 points and is currently at 9,849 points (a decrease of 1.94%).