Buying Rate

Buying Rate

The highest price a potential buyer is willing to pay for a security. A buying rate is also called a bid.
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By 10.00 am of October 29, the buying rate made 57.60 som and selling rate was 57.90 som for $1, reports Tazabek.
On October 27, the dollar buying rate was 57 som, the selling rate made 57.20 som.
By October 22, US dollar buying rate made 56.30 som and selling rate reached 56.60 som in exchange offices of the capital city.
By October 1, the US dollar buying rate made 54.14 som, selling rate was 54.3 som.
The USD sank below 1.5 TL in buying rates in intrabank trade shortly after the opening on Wednesday, but managed to hold on to 1.5 TL in selling rates.