USD\/INR, ABD Dolar\u0131\u2019ndaki s\u0131n\u0131rl\u0131 geri \u00e7ekilmenin ard\u0131ndan sal\u0131 g\u00fcn\u00fc hafif geriledi. Parite, pazartesi 95,40 ile rekor seviyeyi g\u00f6rd\u00fckten sonra gev\u015fedi ve 95,12 civar\u0131nda, yakla\u015f\u0131k %0,12 ekside i\u015flem g\u00f6rd\u00fc. <\/p>\n
Orta Do\u011fu\u2019daki jeopolitik gerilim, Hindistan Rupisi dahil geli\u015fen \u00fclke para birimlerini bask\u0131lamay\u0131 s\u00fcrd\u00fcrd\u00fc. Sava\u015f kaynakl\u0131 belirsizlik, ABD Dolar\u0131\u2019na (g\u00fcvenli liman olarak g\u00f6r\u00fclen para birimi) talebi canl\u0131 tuttu. <\/p>\n
Hindistan\u2019\u0131n enerji ithalat\u0131na ba\u011f\u0131ml\u0131l\u0131\u011f\u0131 Rupiyi bask\u0131lad\u0131. Hindistan, ham petrol ihtiyac\u0131n\u0131n %80\u2019inden fazlas\u0131n\u0131 ithal ediyor ve sevkiyatlar\u0131n \u00f6nemli k\u0131sm\u0131 H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019ndan ge\u00e7iyor. <\/p>\n
Brent petrol, arz kesintileri nedeniyle varil ba\u015f\u0131na 110 dolar civar\u0131nda seyretti. Y\u00fcksek petrol fiyat\u0131, Hindistan\u2019\u0131n ithalat faturas\u0131n\u0131 art\u0131rd\u0131 ve i\u00e7eride dolar talebini y\u00fckseltti. <\/p>\n
Ham petrol fiyatlar\u0131ndaki art\u0131\u015f, enflasyon riskini b\u00fcy\u00fct\u00fcrken b\u00fcy\u00fcme g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc de zay\u0131flatt\u0131. Bu durum, k\u00fcresel \u00f6l\u00e7ekte k\u0131sa vadede faiz indirimi beklentilerini azaltt\u0131; tahvil getirilerini (tahvillerin piyasa faizini) y\u00fcksek tuttu. <\/p>\n
Yabanc\u0131 Portf\u00f6y Yat\u0131r\u0131mc\u0131lar\u0131 (hisse senedi gibi finansal varl\u0131klara k\u0131sa\/orta vadeli yat\u0131r\u0131m yapan yabanc\u0131 yat\u0131r\u0131mc\u0131lar), 2026\u2019n\u0131n ilk d\u00f6rt ay\u0131nda Hindistan hisselerinden 20 milyar dolar\u0131n \u00fczerinde \u00e7\u0131k\u0131\u015f yapt\u0131. Bu \u00e7\u0131k\u0131\u015f\u0131n yakla\u015f\u0131k 19 milyar dolar\u0131 \u0130ran sava\u015f\u0131 sonras\u0131 ger\u00e7ekle\u015fti. <\/p>\n
Mevcut tablo, Hindistan Rupisi\u2019nde zay\u0131fl\u0131\u011f\u0131n s\u00fcrmesine i\u015faret ediyor; bu da USD\/INR paritesinde y\u00fckseli\u015f beklentisinin korunmas\u0131n\u0131 destekliyor. Temmuz vadeli Brent petrol kontratlar\u0131n\u0131n (gelecekte belirli fiyattan al\u0131m-sat\u0131m i\u00e7in yap\u0131lan s\u00f6zle\u015fme) bu sabah 112 dolara kadar \u00e7\u0131kmas\u0131 ve Orta Do\u011fu\u2019da arz endi\u015felerinin s\u00fcrmesi, \u015firketlerin dolar talebini g\u00fc\u00e7l\u00fc tutuyor. Bu bask\u0131n\u0131n \u00f6n\u00fcm\u00fczdeki haftalarda azalmas\u0131 zor g\u00f6r\u00fcn\u00fcyor. <\/p>\n
Yabanc\u0131 sermaye \u00e7\u0131k\u0131\u015f\u0131 g\u00fc\u00e7l\u00fc ve kal\u0131c\u0131. National Securities Depository Limited verileri, yaln\u0131zca nisan ay\u0131nda net 4,5 milyar dolar \u00e7\u0131k\u0131\u015f\u0131 g\u00f6sterdi. Bu durum, 2025\u2019in b\u00fcy\u00fck b\u00f6l\u00fcm\u00fcndeki g\u00f6rece dengeden belirgin \u015fekilde ayr\u0131\u015f\u0131yor. S\u00fcregelen yabanc\u0131 sat\u0131\u015flar\u0131 Rupiyi bask\u0131lamaya devam edebilir. <\/p>\n
T\u00fcrev i\u015flemleri (dayanak varl\u0131\u011fa ba\u011fl\u0131 finansal \u00fcr\u00fcnler) yapan yat\u0131r\u0131mc\u0131lar, vadeli i\u015flemlerle (futures) USD\/INR\u2019de uzun pozisyon (fiyat art\u0131\u015f\u0131na oynayan pozisyon) olu\u015fturmay\u0131 de\u011ferlendirebilir. Bu yakla\u015f\u0131m, Rupinin de\u011fer kayb\u0131n\u0131n s\u00fcrmesi halinde do\u011frudan kazan\u00e7 hedefler. Mevcut seviyelerden dolar almak i\u00e7in forward s\u00f6zle\u015fmelerle (ileri tarihli kurdan al\u0131m-sat\u0131m\u0131 sabitleyen anla\u015fma) kur riskini s\u0131n\u0131rlamak, paritenin 95,40 zirvesini a\u015fmas\u0131 ihtimaline kar\u015f\u0131 korunma (hedge) sa\u011flayabilir. <\/p>\n
Opsiyon i\u015flemi yapanlar i\u00e7in USD\/INR al\u0131m opsiyonu (call) almak, yukar\u0131 y\u00f6nl\u00fc harekete kat\u0131lma imk\u00e2n\u0131 verirken riski \u00f6denen primle (opsiyon \u00fccreti) s\u0131n\u0131rlar. Belirsizlik artt\u0131\u011f\u0131 i\u00e7in z\u0131mni oynakl\u0131k (piyasadaki beklenen dalgalanma) y\u00fckseldi; bu da opsiyonu pahal\u0131la\u015ft\u0131r\u0131r, ancak hareket b\u00fcy\u00fcrse getiri potansiyelini art\u0131rabilir. <\/p>\n
VT Markets canl\u0131 hesab\u0131n\u0131z\u0131 olu\u015fturun<\/a>\u00a0ve\u00a0i\u015fleme ba\u015flay\u0131n<\/a>. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" USD\/INR rekor 95,40 sonras\u0131 95,12\u2019ye gev\u015fese de hik\u00e2ye bitmedi: Orta Do\u011fu riski, 110+ dolar Brent, g\u00fc\u00e7l\u00fc dolar talebi ve 20 milyar $ FPI \u00e7\u0131k\u0131\u015f\u0131 Rupiyi bask\u0131l\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-46181","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=46181"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46181\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}