Author Topic: TL slipping again  (Read 55912 times)

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Offline Scunner

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Re: TL slipping again
« Reply #140 on: September 28, 2020, 09:18:20 AM »
9.945

And not a great friend of Armenia.



Offline KKOB

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Re: TL slipping again
« Reply #141 on: September 28, 2020, 10:02:46 AM »
9.97975

Will we see 10 soon ?

Offline George Warner

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Re: TL slipping again
« Reply #142 on: September 28, 2020, 11:17:39 AM »
10.03 @ mid-day  today,bit strange but last year someone involved in the money market told  me he expected to see maybe 13 this year,

Offline KKOB

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Re: TL slipping again
« Reply #143 on: September 28, 2020, 11:41:49 AM »
That was a bit sooner than I expected !

Of course Reggie's now going to blame the Turkish Central Bank for hiking the interest rate by 2 percentage points last week.

Offline KKOB

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Re: TL slipping again
« Reply #144 on: September 29, 2020, 13:59:56 PM »
Turkish Treasury and Finance Minister Berat Albayrak said he does not look at the lira’s value against major currencies.

“The exchange rate is not important to me, I’m not looking at it,” Albayrak said. “Our manufacturing industry is strong. The exchange rate is now in our hands.”


I can see why Reggie and Berat get on so well.  ;)

Offline KKOB

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Re: TL slipping again
« Reply #145 on: October 07, 2020, 09:31:40 AM »
10.1196

Offline KKOB

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Re: TL slipping again
« Reply #146 on: October 08, 2020, 06:18:35 AM »
10.2033

Offline KKOB

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Re: TL slipping again
« Reply #147 on: October 14, 2020, 20:51:37 PM »
10.31 !

Offline KKOB

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Re: TL slipping again
« Reply #148 on: October 22, 2020, 17:52:21 PM »
10.39. Because the Central Bank kept its benchmark interest rate on hold, surprising economists who had expected a hike.

Offline steveb1

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Re: TL slipping again
« Reply #149 on: October 23, 2020, 09:22:03 AM »
10.45 today. That’s not good ,




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