Trouble with Greece: The Turkish Lira is worth so little as never before

the New like the negative record for the Turkish Lira: In the past few days, the price of the currency to a Low of 0,1259 Euro. A Euro was in the top 7,9406 Lir

Trouble with Greece: The Turkish Lira is worth so little as never before

the New like the negative record for the Turkish Lira: In the past few days, the price of the currency to a Low of 0,1259 Euro. A Euro was in the top 7,9406 Lira value. So cheap is the currency of Turkey was never, not even during the currency and inflation crisis in the year 2018. At that time, the Euro exchange rate rose only to just over 7.5 Lira. Most recently, the Euro was still 7,9368 Lira value. Euro / Turkish Lira (EUR/TRY) 7,9358 TRY +0,0232 (+0,29%) OTC

  • 1 day
  • 6 months
course data

the dispute between Turkey and Greece

a Decisive factor for the recent price fall, the conflict with the neighboring country Greece was as, among other things, the Reuters news Agency reported. Specifically, it hurt was the last planned test drilling by Turkish vessels in the Eastern Mediterranean in the view of Greece, whose territorial rights. The trouble between the countries is not going to Happen just because of the massive and so far little-used raw materials in the Mediterranean sea explosive, but also because both countries belong to the defensive Alliance Nato.

exciting : Many open questions in the Corona-the aid package, plastic tax, climate tax, digital tax: Who are the major EU-redistribution as paid

Lira is massively> by banks and supervisors supported

Among the items, many short sales, the so-called "shorts", which against a currency is a bet are. To counteract the Lira decline. According to Ghose, the banks have with the Central Bank, CBT, and the supervisors agreed. "But this should be a regular tool for monetary intervention, it would be the Lira in the face of the systematic weakening of Bank balance sheets – ultimately to the detriment", warns Ghose.

value:

  • as early as 2016, read fraud, it was clear that Germany was in Wirecard for years, clueless
  • "The risk of a real estate bubble is real": Dirk Müller answered your questions
  • From one crisis to the next: Boeing and the space, non-pilots bought to Park
  • Sought-after precious metal - silver is finally enjoying his breakthrough - and the rally is likely to go even further
  • Insidious Domino effect - The bankruptcy time bomb: The USA stand in front of a broke shaft without the same

stock market hype about hydrogen, but Dirk Müller risky Parallel FOCUS Online/Wochit stock market hype about hydrogen looks – but Dirk Müller looks risky Parallel dog, giant lizard is barking at, and the receipt for PCP dog receives prompt, the barking of a giant lizard, and promptly gets the receipt

Date Of Update: 23 July 2020, 12:27
NEXT NEWS