Lira

[Colwyn]

I now read that it is the outcome of tomorrow's emergency meeting that will be announced at midnight Tuesday (10pm GMT). That still sounds odd to me. Why is CBank announcing decisions at midnight? Is a very long, dissent-full meeting expected? Are the reports still wrong? Should be OK for you, S&L, if the bounce-back holds good for your withdrawal.

[Scott and Lisa]

Sounds like a good Tuesday evening, Liverpool vs Everton follow by the announcement

[kevin3]

The timing of the announcement may be because the Turkish stock market will be closed.?
I don't think the Lira will settle this side of the elections and I think it will rise a lot further.
Gulens just given his first televised interview in 16 years and discusses how people should vote. !!

[KKOB]

Is the midnight announcement  timed for the opening of the Tokyo stockmarket, the first major market to open each day ?

[Scunner]

No it's at midnight because they prefer to be sacked just before bed than to have to get up early for it.

[Scott and Lisa]

Finansbank back up to 3.75

[yabanci]

According to a Reuters Poll of 31 Turkish and International Banks,the majority believe the Central Bank will raise Interest Rates by between 1.25% to 4.25%.One forecast no change to rates.

[Scunner]

All this urgency and emergency - why was it decided not to touch interest rates at the recent meeting, then days later a hastily arranged emergency meeting - wasn't it an emergency when they decided no change was needed?

Indecision and panic don't help much when running your central bank.

[Colwyn]

If they person who predicted 4.25% works for a Turkish bank I bet he/she will be keeping quiet about it in public.

[Scott and Lisa]

3.610469 TL sell rate with Finans Bank