Author Topic: TL slipping again  (Read 22304 times)

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Online KKOB

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TL slipping again
« on: August 26, 2019, 09:21:20 AM »
The value of TL seems to be slipping down again this morning.

According to xe.com at 9am it was at 7.11 to the £ and 5.802 to the $

It had fallen as low as 6.38 to the $ on the Asian markets when they first opened this morning in what was described as a 'flash crash'.

https://ahvalnews.com/turkish-lira/turkish-lira-briefly-drops-10-percent-asia-flash-crash

Offline Karennina

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Re: TL slipping again
« Reply #1 on: August 26, 2019, 10:42:47 AM »
Iv just popped on here to see if any recent posts about the tl  as a I noticed on Xe Friday it was slipping/rising as to why this may be ..At 5.30 this morning Xe was showing 7.17...

Online KKOB

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Re: TL slipping again
« Reply #2 on: August 28, 2019, 13:19:58 PM »
Despite the £ taking a dive today because of the potential suspension of parliament by the UK government, the TL is still hovering around 7.10 / £

Offline jackstee

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Re: TL slipping again
« Reply #3 on: August 29, 2019, 09:35:14 AM »
They were only offering 6.8 in Dikmans in Fethiye

Offline yakamoz

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Re: TL slipping again
« Reply #4 on: September 14, 2019, 15:09:29 PM »
Just wondering what the exchange rate is at the moment. Thanks

Online KKOB

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Re: TL slipping again
« Reply #5 on: September 14, 2019, 15:15:49 PM »
At XE.com it's 7.11 so probably around 6.90 in Calis.

Online KKOB

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Re: TL slipping again
« Reply #6 on: October 07, 2019, 19:14:07 PM »
After today's announcement by Trump that he'll totally destroy and obliterate" Turkey's economy if the country does anything that he does not like in Syria, it's going to be another unstable time for the value of the TL. It slipped from 7.04 this morning to 7.16 this evening.

Mrs KKOB and I are off to Istanbul next Monday and we're watching the money markets more closely than ever.  :)

Online KKOB

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Re: TL slipping again
« Reply #7 on: October 11, 2019, 11:09:00 AM »
7.34 this morning

Offline marina

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Re: TL slipping again
« Reply #8 on: October 11, 2019, 15:17:46 PM »
7.43 now. Not sure what it is at exchange shop though.

Offline davybill

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Re: TL slipping again
« Reply #9 on: October 11, 2019, 15:33:45 PM »
The pounds jumped up against most currencies  today.




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