Turkey's economy at risk as Lira hits record low

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Mr Davidson
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Turkey's economy at risk as Lira hits record low

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Post by Mr Davidson »

Apparently the banks are worried that money will be taken out of the economy .........

http://money.cnn.com/2018/05/24/news/ec ... index.html

Jonnie
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Re: Turkey's economy at risk as Lira hits record low

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Post by Jonnie »

It has stabilised with intervention over the last day or so.
Some are wise and some otherwise.....

Michael410
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Re: Turkey's economy at risk as Lira hits record low

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Post by Michael410 »

https://uk.reuters.com/article/us-turke ... KKCN1IQ24K

For us wanting to make the move from UK it is very unsettling.

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Groucho
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Re: Turkey's economy at risk as Lira hits record low

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Post by Groucho »

Michael410 wrote:https://uk.reuters.com/article/us-turke ... KKCN1IQ24K

For us wanting to make the move from UK it is very unsettling.
If you don't invest heavily in Turkish lira you should not be unsettled.... There many things you can do to mitigate any negative impact... especially now you are forewarned..

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Re: Turkey's economy at risk as Lira hits record low

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Post by Michael410 »

Thankyou.

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