Author Topic: Lira getting Stronger - Why?  (Read 291442 times)

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Offline yabanci

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Offline KKOB

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Re: Lira getting Stronger - Why?
« Reply #871 on: November 21, 2017, 10:54:19 AM »
Ah, that explains it.

Offline JohnF

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Re: Lira getting Stronger - Why?
« Reply #872 on: November 21, 2017, 11:31:53 AM »
Just makes all those shoeboxes full of dollars and euros worth even more.

Seen nothing to suggest the TCB can stop this slide medium term.

JF

Offline Scunner

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Re: Lira getting Stronger - Why?
« Reply #873 on: November 21, 2017, 13:21:20 PM »
All the people that took RTE's advice in January to sell foreign currency and buy lira will be happy.

€1000 in January would have bought around 4100 TL at best.

4100 TL is today worth around €886

Offline Colwyn

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Re: Lira getting Stronger - Why?
« Reply #874 on: November 21, 2017, 16:00:08 PM »
Meanwhile ...  the TL is back to 5.08 to the pound, down to 4.5 to the euro and the next meaningless milestone may be the 4TL dollar.
A couple of weeks on, and the £ is up around 5.26₺, the € above 4.6and the countdown is on for $ = 4... yesterday 3.921, now 3.965 ... that's a jump of another 1% today.

Offline stoop

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Re: Lira getting Stronger - Why?
« Reply #875 on: November 22, 2017, 04:35:50 AM »
All the people that took RTE's advice in January to sell foreign currency and buy lira will be happy.

€1000 in January would have bought around 4100 TL at best.

4100 TL is today worth around €886

meanwhile he's put all his Lira into bitcoins   ;)

£500 2 years ago = £33,000 today  :o

Offline Scunner

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Re: Lira getting Stronger - Why?
« Reply #876 on: November 22, 2017, 18:36:58 PM »
The lira has a good day today - against the Zimbabwean dollar.

Offline JohnF

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Re: Lira getting Stronger - Why?
« Reply #877 on: November 22, 2017, 23:03:43 PM »
Ha ha! 

Believe it or not, but the Zimbabwe Dollar made gains against the lira this week. 

Bizarre!

JF

Offline Colwyn

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Re: Lira getting Stronger - Why?
« Reply #878 on: November 23, 2017, 09:08:59 AM »
Unlike the UK, Zimbabwe has a strong and stable government.

Offline kevin3

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Re: Lira getting Stronger - Why?
« Reply #879 on: November 23, 2017, 09:57:25 AM »


      But just like the UK they have a splintered and weak opposition.


      It;s  5.22  by the way. !!            ;)




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