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Sterling rallying?
Posted: Fri 04 Nov 2016 10:39 am
by TRNCVaughan
£1 = 3.91tl.
4tl anyone?
Re: Sterling rallying?
Posted: Fri 04 Nov 2016 10:50 am
by David
Prefer it the other way tbh but never mind eh
Re: Sterling rallying?
Posted: Fri 04 Nov 2016 10:59 am
by wanderer
Down to Carney staying @BoE
Re: Sterling rallying?
Posted: Fri 04 Nov 2016 11:01 am
by davedee
Wish I had cashed in TL last week.
Re: Sterling rallying?
Posted: Fri 04 Nov 2016 11:45 am
by waddo
Good news for people living here on pensions. Doubtful that the world thinks so highly of Carney, if so when he goes Sterling will drop like a stone. More likely due to High Court decision.
Re: Sterling rallying?
Posted: Fri 04 Nov 2016 1:30 pm
by Mowgli597
Even better for those of us using Euro. At a ten year high
Re: Sterling rallying?
Posted: Fri 04 Nov 2016 3:32 pm
by Maisiemoo
It's because of the court ruling yesterday.
Re: Sterling rallying?
Posted: Fri 04 Nov 2016 6:28 pm
by waz-24-7
Sterling remains a weak and volatile currency after BREXIT.
It is certainly not rallying. Its 20% down from its well supported , strong position of 5 months ago.
I expect sterling to fall again after next week and certainly in December when USA interest rates rise.
Furthermore sterling will further decline in New year when UK inflation bites.
May 5th 2017 is rock bottom date so hedge your funds and bets if you feel like it.
Re: Sterling rallying?
Posted: Fri 04 Nov 2016 7:02 pm
by kibsolar1999
3 kurus for the court ruling and 15 for what happened in Turkey???
GBP up to the euro 0,014.
Re: Sterling rallying?
Posted: Mon 07 Nov 2016 11:30 pm
by MoonageDaydream
I think this is what economists call a 'dead cat bounce'
Re: Sterling rallying?
Posted: Tue 08 Nov 2016 7:37 am
by kerry 6138
Close US election having more effect than Brexit
Re: Sterling rallying?
Posted: Wed 09 Nov 2016 5:48 am
by TRNCVaughan
Busted through 4TL
Re: Sterling rallying?
Posted: Thu 10 Nov 2016 6:23 am
by Steve C
Looked on the website for moneyxchange Karakum to see the latest to find that it has not been updated since Tues 8th. Why bother having a website with rates that are out of date?
Re: Sterling rallying?
Posted: Thu 10 Nov 2016 6:23 pm
by TRNCVaughan
Welcome to Cyprus.
Re: Sterling rallying?
Posted: Thu 10 Nov 2016 6:30 pm
by TRNCVaughan
4.07TL to the £.
Re: Sterling rallying?
Posted: Thu 10 Nov 2016 8:12 pm
by wanderer
Just bought some TA tickets online got 4,03TL/£ on no fee or charge card
Things are getting better come up Trumps
sorry could not resit that one
Re: Sterling rallying?
Posted: Thu 10 Nov 2016 9:10 pm
by David
Brexit +Trump ..... all good .. where are all the doom merchants now ?
Re: Sterling rallying?
Posted: Fri 11 Nov 2016 5:53 am
by waddo
Just love all you guys waving your bits of paper with "peace in our times" written all over them! Short memory's, nothing has happened yet so enjoy the good times while they last - it was 4.27 on the 23rd of June, not back there yet.
Re: Sterling rallying?
Posted: Sun 13 Nov 2016 9:17 am
by TRNCVaughan
Give it time.
Re: Sterling rallying?
Posted: Sun 13 Nov 2016 11:02 am
by turtle
You got to love the Liberals, they are democratic to the core........until they get the vote they don't want or like ?.
Re: Sterling rallying?
Posted: Thu 01 Dec 2016 1:44 pm
by Kanonier
Depending which website you use £1 = TL4.29 - TL4.38 - less than 6 months after the Referendum!
Re: Sterling rallying?
Posted: Thu 01 Dec 2016 2:31 pm
by kibsolar1999
Depending which website you use £1 = TL4.29 - TL4.38 - less than 6 months after the Referendum!
great.
US dollar -TL in May 2016: 2,80, today 3,48.
Euro-TL in May 2016: 3,20, today 3,70
GBP-TL may 2016 4,36, today also 4,36... great.
GBP - euro in May 2016: 1,27, today 1,19
GBP-USdollar, May 2016: 1,43, today 1,25
Re: Sterling rallying?
Posted: Thu 01 Dec 2016 2:36 pm
by Mimi2
GBP - TL now trading @ 4.40 XE.com
Re: Sterling rallying?
Posted: Thu 01 Dec 2016 8:04 pm
by niceone
Re: Sterling rallying?
Posted: Thu 01 Dec 2016 11:35 pm
by Mimi2
It's in the Mail so it must be true, about as reliable as the Sun
Re: Sterling rallying?
Posted: Fri 02 Dec 2016 12:55 am
by niceone
Re: Sterling rallying?
Posted: Fri 02 Dec 2016 7:02 am
by waddo
Forgive me if, being a simple soul and completely missing the point, but does this mean that the great vote for Brexit - to take the UK out of the EU and therefore allow free trade with anyone they chose - now has taken the UK to the point where it will have to pay the EU to be able to trade with it????
Is that not a bit like being an annual member of a health club, then leaving to save money, yet still wanting to go back in and pay for every activity we want to use on an individual basis at a higher tariff than the annual fee?
Or am I starting to think too much like a Cypriot these days - lol.
Re: Sterling rallying?
Posted: Fri 02 Dec 2016 1:02 pm
by TRNCVaughan
Re: Sterling rallying?
Posted: Fri 02 Dec 2016 7:18 pm
by turtle
waddo wrote:Forgive me if, being a simple soul and completely missing the point, but does this mean that the great vote for Brexit - to take the UK out of the EU and therefore allow free trade with anyone they chose - now has taken the UK to the point where it will have to pay the EU to be able to trade with it????
Is that not a bit like being an annual member of a health club, then leaving to save money, yet still wanting to go back in and pay for every activity we want to use on an individual basis at a higher tariff than the annual fee?
Or am I starting to think too much like a Cypriot these days - lol.
Waddo it could work both ways.....if tariffs are put in place then surely the UK would do the same would they not ?
Take cars for instance over 2.5m cars were sold in the UK in 2015 with about 50% being company cars and a huge amount being German & French would the likes of Mercedes. Audi, BMW, VW, Citroen, Peugeot, Renault be happy with the EU if we slapped tariffs on their cars coming into the UK. ?
Lets not forget its not all one way as many would have you believe.
Re: Sterling rallying?
Posted: Sat 03 Dec 2016 8:24 am
by Kanonier
turtle wrote:You got to love the Liberals, they are democratic to the core........until they get the vote they don't want or like ?.
Illuminating.
http://order-order.com/2016/12/02/sarah ... ntervenes/
Re: Sterling rallying?
Posted: Sat 03 Dec 2016 11:06 am
by wanderer
Re: Sterling rallying?
Posted: Sat 03 Dec 2016 12:11 pm
by frogandtoad
Just got 4.40 to £ 30 minutes ago opposite Lemar, Girne.
Re: Sterling rallying?
Posted: Mon 05 Dec 2016 7:45 am
by TRNCVaughan
£ just gone through the 4.50tl mark.
£ is now back to what it was pre-referendum/Brexit palaver.
Re: Sterling rallying?
Posted: Mon 05 Dec 2016 8:02 am
by kerry 6138
http://www.bbc.com/news/business-38203813
Euro fall due to result of Italian referendum.
Re: Sterling rallying?
Posted: Mon 05 Dec 2016 4:52 pm
by frontalman
TRNCVaughan wrote:£ just gone through the 4.50tl mark.
£ is now back to what it was pre-referendum/Brexit palaver.
If it was back to its pre referendum value it would be well over 5 TL to the pound now. I understand what you mean but the purchasing power is relevant to the dollar/TL rate.