Sterling

[TRNCVaughan]

£1 now standing at 4.30tl.
Unrest in Turkey and the involvement with bombing Syria/ISIS. My money is on 4.50tl.

[TRNCVaughan]

Sterling now 4.48tl. Any views about when tl is going to stop sliding?

[13roman58]

With the uncertainty of the political situation in Turkey and the necessity for a new election this Autumn- it may hit 5tl-£1

[davidthomas]

Predictions are that it will keep on going up:

http://www.ratesfx.com/predictions/pred-try.html

[TRNCVaughan]

I'll drink to that.

[Groucho]

I'll drink to that.

The down side for the locals is that they only see the lira going down in value - with no UK source of income, it's hard times for them...

[TRNCVaughan]

Lot of new fancy cars on h.p. Payments in sterling.
Anyone buying a used car now will be able to pick up a bargain.

[TRNCVaughan]

4.52tl/£ and no sign of stopping.

[Gazza1959]

Travelling over for two weeks as of next week
Would you recommend changing sterling in TRNC ie supermarkets / Bank
Any advice appreciated
Cheers

[jacob]

Yes, you will get a better rate over there. Just take enough for immediate use.

[Gazza1959]

Cheers Jacob
Will bring enough Lira for first night essentials of ale and food lol

[madeincyprus]

Bit strange, bank and ex exchange rates giving 4.59tl to the pound. Exchange shop in Girne giving 4.4tl. I know the exchanges give a slightly lower rate but not that much. Any thoughts

[TRNCVaughan]

i got 4.53tl in the alsancak exchange shop yesterday.

[davedee]

i got 4.60 Alsancak today.