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Turkish lira going crazy!

Posted: Thu 20 Aug 2015 9:45 am
by solic200
It's like a roller coaster at the moment up and down. I would like to invest into tl but one minute it's at 4.62 then up to 4.68 within minutes so seems to much of a gamble at the moment. Surely it has to level out soon.
You would think the banks would have a financial adviser who would have some idea but alas they seem to be in the dark like the rest of us or so they make out.

Re: Turkish lira going crazy!

Posted: Thu 20 Aug 2015 11:02 am
by 13roman58
It,s all about the elections in Turkey. It is forecast a possible 5-5.5 tl/£ so I would hold on to your currency for now!

Re: Turkish lira going crazy!

Posted: Thu 20 Aug 2015 1:40 pm
by TRNCVaughan