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Old 16th January 2018, 09:13   #1 (permalink)
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Lira

Wow!!..Where is the Lira heading?..going up towards 6 to the !!
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Old 16th January 2018, 10:28   #2 (permalink)
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Re: Lira

Quote:
Originally Posted by gazzer View Post
Wow!!..Where is the Lira heading?..going up towards 6 to the !!
6 to the just where do you get that SILLY figure from when even the internet is only showing 5.27.
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Old 16th January 2018, 11:07   #3 (permalink)
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Re: Lira

Well as it was just above 5 three days ago and still climbing which is a 5% fall it wont be long!!
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Old 16th January 2018, 11:43   #4 (permalink)
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Re: Lira

Make of these figures what you want but for every rise there is always a drop.

Date Internet Rate
27.01.2017 4.850
10.07.2017 4.660
11.07.2017 4.644
28.07.2017 4.636
03.08.2017 4.680
07.08.2017 4.605
11.08.2017 4.606
31.08.2017 4.468
05.08.2017 4.474
04.11.2017 5.087
08.12.2017 5.160
27.12.2017 5.120
09.01.2018 5.090
16.01.2018 5.250
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Old 16th January 2018, 11:43   #5 (permalink)
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Re: Lira

Quote:
Originally Posted by gazzer View Post
Well as it was just above 5 three days ago and still climbing which is a 5% fall it wont be long!!
It has been over 5 since October 26th 2017
XE: GBP / TRY Currency Chart. British Pound to Turkish Lira Rates
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Old 16th January 2018, 11:57   #6 (permalink)
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Re: Lira

It has been to 5.30 recently, Erdogan heading to butt heads with Trump over Syria may well be a partial reason for the lack of confidence in the TL. shooting from the lip may play well for Recip at home but he is a disaster Internationally.
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Old 16th January 2018, 12:00   #7 (permalink)
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Re: Lira

So a year ago it was around 4.4 now its heading towards 5.4 with inflation running at over 12% i think its a safe bet it will be over 6 by the end of 2018 !
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Old 16th January 2018, 12:06   #8 (permalink)
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Re: Lira

Quote:
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So a year ago it was around 4.4 now its heading towards 5.4 with inflation running at over 12% i think its a safe bet it will be over 6 by the end of 2018 !
A fair possibility.
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Old 16th January 2018, 12:13   #9 (permalink)
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Re: Lira

Quote:
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So a year ago it was around 4.4 now its heading towards 5.4 with inflation running at over 12% i think its a safe bet it will be over 6 by the end of 2018 !
If you look at past charts It reaches a peak in January and then drops down until September excluding anything else going on in the world that might affect the lira
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Old 16th January 2018, 12:15   #10 (permalink)
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Re: Lira

So thats it then, stockpile the Sterling in a Interest account and wait.
then again is there a Sterling interest account?
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