Author Topic: Lira getting Stronger - Why?  (Read 291374 times)

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Offline Scunner

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Re: Lira getting Stronger - Why?
« Reply #930 on: January 21, 2018, 19:34:08 PM »
Tomorrow morning could be interesting



Offline KKOB

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Re: Lira getting Stronger - Why?
« Reply #931 on: January 21, 2018, 20:07:51 PM »
It'll be Just Another Manic Monday.  ;)

Offline JohnF

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Re: Lira getting Stronger - Why?
« Reply #932 on: January 21, 2018, 22:50:09 PM »
That's a first for me, seeing the lira hit an all time low against the quid on a Sunday night when most markets are closed. Doesn't bode well for the morning...

JF

Offline JohnF

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Re: Lira getting Stronger - Why?
« Reply #933 on: January 22, 2018, 08:16:43 AM »
...and as usual, you can just never tell with the lira!

Recovered, although maybe that sounds a bit too positive, to 5.29 against the quid and 3.81 against the dollar when the main European markets opened - still, could be an interesting week.

JF

Offline JohnF

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Re: Lira getting Stronger - Why?
« Reply #934 on: January 25, 2018, 09:08:46 AM »
Another record low for the lira today against the quid, 5.35 and if you're a Finansbank customer you can get 5.33 right now.

Doing better against the dollar but that's more to do with the dollar weakening I think.

JF

Offline Colwyn

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Re: Lira getting Stronger - Why?
« Reply #935 on: February 08, 2018, 14:28:07 PM »
In the UK the BoE warns of interest rate rises so the sterling bounces up to a new record high against the lira. Pity HSBC won't give you any in Fethiye!

Offline KKOB

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Re: Lira getting Stronger - Why?
« Reply #936 on: February 08, 2018, 14:56:45 PM »
Perhaps they're trying to hang on to their £'s instead of the TL ?

Offline 1calis

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Re: Lira getting Stronger - Why?
« Reply #937 on: February 08, 2018, 16:56:26 PM »
Is it just the ATM's or also the branches?

Offline Colwyn

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Re: Lira getting Stronger - Why?
« Reply #938 on: February 20, 2018, 16:19:13 PM »
The Odd World of Money Markets
This morning our Brexit Supremo, David (Dangerous) Davis announced that: Britain will not be "plunged into a Mad Max-style world borrowed from dystopian fiction" after it leaves the EU. Did anybody, other than Stoop, suppose we were actually headed for Mad Max World? Apparently - Yes! The money markets seem to have been worried about this and were so reassured by Davis' remarks that Sterling took a happy upward leap and is now running at over 5.32 to the lira.


Strange eh? Now ... who asked whether the £/TL would be higher or lower in August?

Offline kevin3

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Re: Lira getting Stronger - Why?
« Reply #939 on: February 20, 2018, 17:25:04 PM »



    Or perhaps  the markets were reassured by Comrade Corbyn's claims that his habit of" hanging out " with repressive regimes

    and terror groups around the globe was nothing to do with spying after all, and they were just his preferred company.

    Events in Syria could effect more than just the Lira, I think.




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