Author Topic: TL slipping again  (Read 12080 times)

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Offline Fran

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Re: TL slipping again
« Reply #90 on: July 28, 2020, 18:08:10 PM »
It’s gone over 9 now


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Offline wickwilly

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Re: TL slipping again
« Reply #91 on: July 29, 2020, 19:43:23 PM »
9.06 at the moment.

Offline KKOB

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Re: TL slipping again
« Reply #92 on: July 29, 2020, 19:48:14 PM »
9.079

Offline Ray1951

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Re: TL slipping again
« Reply #93 on: July 30, 2020, 01:48:15 AM »
Sounds wonderful but the Turks won’t lose so their prices fluctuate with the exchange rate.

Offline Scunner

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Re: TL slipping again
« Reply #94 on: July 30, 2020, 09:47:35 AM »
The Turks certainly will lose massively from a weak lira - not sure how you worked that one out.

Offline MrT

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Re: TL slipping again
« Reply #95 on: July 30, 2020, 22:43:00 PM »
I do hope it's another short-lived blip like the one in 2018, It's The last thing the people of Turkey need at the moment.

Offline Scunner

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Re: TL slipping again
« Reply #96 on: July 30, 2020, 23:48:12 PM »
I agree MrT but the word on the Sokak is that the Turkish government is heading towards devaluing the TL, which will accelerate massively the trend seen recently and close countless Turkish businesses forever.

As it stands let’s be clear - the Turkish lira has lost nearly 5% just this week, and a full third of its value in the last year.

Offline KKOB

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Re: TL slipping again
« Reply #97 on: July 31, 2020, 08:00:15 AM »
So glad we got our money out. It would have lost us £17,000 more in exchange.

Offline Scunner

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Re: TL slipping again
« Reply #98 on: July 31, 2020, 12:12:22 PM »
Hit 9.169 earlier :o

Offline Scunner

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Re: TL slipping again
« Reply #99 on: July 31, 2020, 18:47:21 PM »
Hit 9.1818 later




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