A crystal ball question

[Colwyn]

Lira down to 3.97 to £ now. And 3.17 against the $. It's having a seriously bad day.

[JohnF]

I seen that.  Never say never...

Turkish banks have fixed their online rates for over the weekend, Finans set the lira at 3.86 to the pound and at 3.13 against the USD.  Main site now showing 3.96 and 3.16 respectively.

JF

[KKOB]

Any cash points at Dalaman? 

At the exit from Arrivals.

[jamesuk]

If it does hit 4 or more won't prices for tourists go up anyway?

[kayakebab]

No, they will get more lire for each £ making everything cheaper.

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[Colwyn]

No, they will get more lire for each £ making everything cheaper.

Except that Eastern Mediterranean Economics means that the fewer tourists you have, the more you have to charge each of them, in order to make up the shortfall. This fuelled Southern Cyprus' downward tourism spiral some years ago.

[kayakebab]

Ah yes, all of a sudden the traders all insisted everything was imported  

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[Scunner]

If it does hit 4 or more won't prices for tourists go up anyway?

You sure do pick your topics to reply to   

[jamesuk]

Shows 'Im paying attention and interested tho Scunner   

[yabanci]

The Pound has passed the 4 lira mark this morning and the Dollar has topped 3.2 to the lira.