Turkey's stocks start week down 0.48 pct

By Tuba Sahin </p> <p>ISTANBUL (AA) – Turkey's benchmark stock index went down 0.48 percent or 453.62 to open at 93,245.87 points on Monday. </p> <p>On Friday, Borsa Istanbul's BIST 100 index increased 0.94 percent to close the week at 93,699.49 points with a daily trading volume of 5.26 billion Turkish lira ($985.2 million).</p> <p>The U.S. dollar/Turkish lira exchange rate was flat at 5.2930 as of 9.30 a.m. local time (0630GMT), compared with Friday's closing rate of 5.2940.</p> <p>The euro/Turkish lira exchange rate was 6.0580, versus 6.0280 at the last close. One British pound traded for 6.7610 Turkish liras, as the GBP/TRY exchange rate was 6.7640 by market close on Friday.</p> <p>The price of Brent oil rose to $61.92 per barrel as of 10.00 a.m. local time (0700GMT) Monday, versus $61.67 on Friday's closing.