North Cyprus Tourist Board - TL on the way back up again (getting weaker)
North Cyprus
North Cyprus > North Cyprus Forum > TL on the way back up again (getting weaker)

TL on the way back up again (getting weaker)

North Cyprus Forums Homepage

Join Cyprus44 Board | Already a member? Login

Popular Posts - List of popular topics discussed on our board.

You must be a member and logged in, to post replies and new topics.



PMF68


Joined: 13/07/2008
Posts: 130

Message Posted:
28/10/2010 17:40

Join or Login to Reply
Message 1 of 4 in Discussion

Hi



Noticed the TL is moving back up again in the last few days does anyone know why it's on the way back up, has some important financial information or similar been released ?



Paul



Geoff1131MK11


Joined: 04/04/2009
Posts: 396

Message Posted:
28/10/2010 18:00

Join or Login to Reply
Message 2 of 4 in Discussion

Paul, the Turkish finance minister said earlier in the week, that the strong lira was hurting Turkish exports so maybe its the Turkish central bank trying to ease it a little.



yenibob


Joined: 13/10/2010
Posts: 1203

Message Posted:
28/10/2010 18:18

Join or Login to Reply
Message 3 of 4 in Discussion

Confusing title, but I think I know what you mean.



It's more to do with better than expected UK GDP figures.



Fingers crossed it lasts.



Jovial_John


Joined: 31/01/2009
Posts: 1024

Message Posted:
28/10/2010 18:56

Join or Login to Reply
Message 4 of 4 in Discussion

It is the pound going up - and the dollar and lira going down (relative to the pound).



North Cyprus Forums Homepage

Join Cyprus44 Forums | Already a member? Login

You must be a member and logged in, to post replies and new topics.