Lira getting Stronger - Why?

[Stuart T]

Have recent visitors to Fethiye/Calis noticed price increases in shops/restaurants/bars/hotel rooms etc. as a result of the weaker Lira?

....plus what's the price of an Efes? 

[pompeylee]

Hi Stuart,  no not noticed any yet & can still get an efes between 8.99 & 16TL, lira is 5.5194 today although I saw advertised for 5.60 in cappadocia,  will try to post some (there's loads it was great) pics later.

[JohnF]

Expect another record low this afternoon or tomorrow morning, against the quid that is. 

JF

[Colwyn]

6 to the £ when?

The Financial Times is reporting fears of a "depreciation spiral" for Turkey since it has lost 3.4% against USD this month - and the dollar hasn't been having a particularly good time. One economist is quoted as saying the lira is 15% overvalued. So today's 5.55 might be heading well over 6 in the not too distant future.
[Sorry, I cannot reproduce FT link to this story].

[kevin3]

   Now I wonder who will get the blame for this lot.??  He's running out of suspects             

[Colwyn]

Now isn't this pretty?



Compare with the first post on this thread in October 2014.

[Kevin Sowten]

Funnily enough that first post was made 3 days before we moved here (Glad it didn't go 60% the other way  )

[stoop]

Now isn't this pretty?



Compare with the first post on this thread in October 2014.

Or in Thai - hahahahaha

[yabanci]

Hit 5.60 to the £ on XE this morning. Got 5.54 in the bank, and showing 5.48 in Dikmen change office.

[JohnF]

Was actually as low as 5.65.  Worrying times.

JF