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Old 7th November 2018, 15:37   #2171 (permalink)
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Re: Watch The Lira Now

Quote:
Originally Posted by Kanga View Post
When our gardener first worked for us we paid him 200TL, which at 3.25TL / £ cost us £61.54pm.

This summer at 8TL / £ his wages cost us £25 pm.

We have increased his wages to 300TL, which at 7.1TL costs us £42.25pm.

Is this 300TL per day?
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Old 7th November 2018, 19:41   #2172 (permalink)
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Re: Watch The Lira Now

The Most Vulnerable Emerging Market of Them All Is Still Turkey
Economy (Nov 07, 2018 15:02)


(Bloomberg) -- The turnaround in sentiment toward Turkey’s assets since September has done nothing to alter the economic fundamentals that make it the most exposed emerging market to external shocks, according to Bloomberg Economics.

https://za.investing.com/news/econom...turkey-1337903
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Old 7th November 2018, 21:48   #2173 (permalink)
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Re: Watch The Lira Now

Well, I must say, we have actually decided to change some Sterling to lira and put it in a deposit account today, and can't believe we got 20 % for such a small amount. If we leave it there for long enough the interest will pay for the car.. Maybe a short lived incentive ?? xx
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Old 15th November 2018, 14:33   #2174 (permalink)
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Re: Watch The Lira Now

The drop of the pound made the lira stronger today 6.91
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Old 23rd November 2018, 16:19   #2175 (permalink)
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Re: Watch The Lira Now

EX TCB GOVERNOR SAVAGES FINANCE MINSTER

Following a speech by the "son in law" Treasury and Finance Minister Berat Albayrak to parliament.

The former TC Bank Governor Durmus Yilmaz asked Finance Minister Albayrak whether he really believed his own rhetoric, pointing to Albayrak's failure to take responsibility for recent financial turmoil and enact serious reforms.

Yilmaz said the government’s assertion that Turkey’s economic problems were the fault of external forces had no bearing on reality,Yilmaz, said 'What you say is not closely related to the reality. If you believe what you say to yourself, then we are in a much worse situation. Some of your statements show that you have never understood the seriousness of the situation according to Sozcu newspaper.

Yilmaz said you play with the fire by trying to reduce interest rates and playing with treasury auctions. This method was tried in 1994, resulting in a crisis.

Yilmaz said "I wish with all my heart, I hope I'm wrong but I'm sure that after the up and coming local elections, the following will apply Turks will feel austerity unprecedented in the history of Turkey.

And you will try to pay the cost of this crisis inflicted on millions of citizens who have no responsibility in the making of this crisis. I am almost certain that you will do this by signing Turkey's 20th Stand-by agreement with the IMF.

https://www.sozcu.com.tr/2018/ekonom...sunuz-2753463/
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Old 23rd November 2018, 18:05   #2176 (permalink)
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Re: Watch The Lira Now

Makes you wonder who really is playing with fire, hope he has some very good security.
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Old 23rd November 2018, 20:01   #2177 (permalink)
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Re: Watch The Lira Now

Can anyone shed light on the date for the local elections. ?
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Old 23rd November 2018, 20:14   #2178 (permalink)
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Re: Watch The Lira Now

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Originally Posted by Leo View Post
Can anyone shed light on the date for the local elections. ?
https://en.wikipedia.org/wiki/Turkis...lections,_2019
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Old 23rd November 2018, 20:20   #2179 (permalink)
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Re: Watch The Lira Now

Quote:
Originally Posted by Leo View Post
Can anyone shed light on the date for the local elections. ?
29 March
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Old 23rd November 2018, 20:23   #2180 (permalink)
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Re: Watch The Lira Now

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No wikipedia in Turkey Jaycey
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