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Lira & The Pound.

Posted: Wed 04 Feb 2015 5:30 pm
by chiangbill
The Lira is moving again.

1 TRY = 0.269007 GBP 1 GBP = 3.71737 TRY


http://www.xe.com/currencyconverter/con ... TRY&To=GBP

Re: Lira & The Pound.

Posted: Thu 05 Feb 2015 12:21 pm
by Hedge-fund
Political interference.

The Central Bank makes independent decisions but the President seems to be indicating he's not happy with that set up.

Markets hate that so have sold TLR.

My personal view is that it will find a bottom around here.