Buying Rate

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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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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.
It also sank below 1.497 in buying rates in the Istanbul free market towards the afternoon.