Yes, but move is not dramatic - I see a 1.3% fall. Fairly low volatility compared to what we have seen recently. I am sure than Turkey can overcome this, if only they move to the right policy steps. TURKEY Today IS NOT GREECE IN 2010. They can win but they have to be serious.
#Turkey Lira keeps falling as #Qatar currency swap agreement fails to stop the Lira rout. The deal is first step after Qatar’s $15bn investment pledge to Turkey.pic.twitter.com/LdK82ebU2o
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Its'a little bit different currency swap than usual. Actually this should have been done years before instead of borrowing money and iminvesting on buildings.
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Holger... stop to post this kind of shit. The market is closed this week in Turkey and Lira is stable since 1 week...
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"keps falling"? Looks like it bounced from $7
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Holger, I am short USDTRY. I've lost so much already, will it come back and should I hold on or should I close for big losses?
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