TL hits 6 to the pound
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- frontalman
- Kibkommer
- Posts: 2163
- Joined: Mon 09 Apr 2012 11:11 am
TL hits 6 to the pound
Just turned the TV on and found that rate of exchange has just hit 6 to the pound and 4.45 to the dollar.
- Keithcaley
- Verified Member
- Posts: 8359
- Joined: Sat 21 Apr 2012 6:00 pm
Re: TL hits 6 to the pound
Probably because Erdoğan has announced that he intends to 'take control' of the currency and interest rates etc....
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- Kibkommer
- Posts: 1307
- Joined: Fri 07 Mar 2014 10:17 am
Re: TL hits 6 to the pound
Looking omious next stop u.s. fines/sanctiions could very well end up some capital controls to stop the flight of foreign money saving the banks
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- Kibkommer
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- Joined: Thu 21 Aug 2014 1:27 pm
Re: TL hits 6 to the pound
Reyntj wrote:Looking omious next stop u.s. fines/sanctiions could very well end up some capital controls to stop the flight of foreign money saving the banks
Wow.....who would have thought that a few years ago?
- jayceebee
- Kibkommer
- Posts: 651
- Joined: Thu 21 Jun 2012 9:30 pm
Re: TL hits 6 to the pound
£ is still quite weak against $ & Euro so TL6++ is likely if £ rallies?