Author Topic: TL slipping again  (Read 5692 times)

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Offline KKOB

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Re: TL slipping again
« Reply #40 on: March 19, 2020, 08:12:22 AM »
After the £ plunged to a 35 year low against the USD because of the effects of COVID-19 the TL rallied to 7.505

Offline Scunner

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Re: TL slipping again
« Reply #41 on: March 19, 2020, 18:43:20 PM »
What I don't get is why the £ is so weak against the dollar, euro etc with the Coronavirus being blamed. All these other countries have it too, why is it us slipping?

Offline KKOB

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Re: TL slipping again
« Reply #42 on: March 19, 2020, 19:09:50 PM »
Because our stock market has less faith in British businesses and the USD has always been the 'go to' currency in emergencies ?

I really don't know how it all works.

Offline peter16

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Re: TL slipping again
« Reply #43 on: March 19, 2020, 19:31:06 PM »
It's because the markets and in particular the money markets have no faith in johnson or his farcical attempts to combat the covid-19 crisis.

Offline KKOB

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Re: TL slipping again
« Reply #44 on: March 19, 2020, 19:55:30 PM »
So, what would you suggest the PM does then ?

Offline trainer

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Re: TL slipping again
« Reply #45 on: March 20, 2020, 12:02:35 PM »
Johnson and the government are in a no win situation dammed if you do dammed if you don’t, the political points scoring hasn’t even started yet

Offline Scunner

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Re: TL slipping again
« Reply #46 on: March 20, 2020, 12:09:34 PM »
Surely the problem is that Johnson has neither done or not done anything. Totally rudderless ship. You shouldn't do this, but we won't stop you. Pathetic "leadership".

Offline KKOB

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Re: TL slipping again
« Reply #47 on: April 01, 2020, 08:52:43 AM »
A new low 8.208

Offline Karennina

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Re: TL slipping again
« Reply #48 on: April 01, 2020, 16:03:40 PM »
Omg 8.30 now!

Offline KKOB

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Re: TL slipping again
« Reply #49 on: April 02, 2020, 09:45:59 AM »
Turkish lira may weaken to 8 per dollar, says Japan’s largest bank. So, it could easily fall to 9 to the £.

https://ahvalnews.com/turkish-lira/turkish-lira-may-weaken-8-dollar-says-japans-largest-bank




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