Search results “Dollar lira exchange rate”
Currency crisis sending Turkish lira down against US dollar
The "Squawk on the Street" news team discusses the moves in the Turkish lira and what it means for the overall economy of the country and broader markets.
Views: 26774 CNBC Television
Turkish citizens rush to exchange US dollars for Lira
The Turkish economy is having a hard time, with the Lira stumbling against the US dollar. But an interesting campaign has the country’s citizens running to foreign exchange offices to support the local economy. CCTV’S Michal Bardavid has the report. Subscribe to us on Youtube: https://goo.gl/lP12gA Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 58512 CGTN
Turkish lira hits new record low against US dollar - economy
Turkey's currency troubles deepened on Monday as the country's lira hit a new low against the US... euronews, the most watched news channel in Europe Subscribe for your daily dose of international news, curated and explained:http://eurone.ws/10ZCK4a Euronews is available in 13 other languages: http://eurone.ws/17moBCU http://www.euronews.com/2014/01/06/turkish-lira-hits-new-record-low-against-us-dollar Turkey's currency troubles deepened on Monday as the country's lira hit a new low against the US dollar. Political tensions, notably a high-level corruption scandal engulfing Prime Minister Recep Tayyip Erdogan's government are thought to have helped compound the latest slump. The drop marks another new record low against the dollar, with investors already concerned the country is ill-placed to cope with the US Federal Reserve raining in quantitative easing. Turkey has one of the biggest current account deficits of any major economy. The country's central bank has shied away, for the moment, from cutting interest rates, preferring to prop up the lira by selling Turkey's dollar reserves. Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews
Views: 33441 euronews (in English)
Exchange Rates Of The Turkish Lira...
Official Exchange Rates Of The Turkish Lira... (Information Source: The Central Bank of Turkey) USD/TRY EUR/TRY JPY/TRY CNY/TRY RUB/TRY Currency exchange rates in Turkey... Официальные курсы турецкой лиры ... Türk Lirasının resmi döviz kurları... Türkiye Cumhuriyeti Merkez Bankasının resmi döviz kurları... Dolar, Euro, Yapon İyeni, Çin Yuanı ve Rus Rublesinin fiyatları... Merkez bankasının dolar ve euro kuru... Türk pulunun mezennesi... Offizielle Wechselkurse der Türkischen Lira ... أسعار الصرف الرسمية لليرة التركية ... तुर्की लीरा की आधिकारिक विनिमय दर ... 土耳其里拉的官方匯率...... トルコリラの公式為替レート... Η επίσημη συναλλαγματική ισοτιμία της Τουρκικής λίρας ... Les taux de change officiels de la lire turque ... თურქული ლირას ოფიციალური გაცვლითი კურსი ... نرخ ارز رسمی لیره ترکیه ... Офіційні курси турецької ліри ... Normat zyrtare të këmbimit të Lira Turke ... Turkish banking... Обменный курс турецкой валют... United States Dollar (USD) to Turkish Lira (TRY) … Russian Ruble (RUB) to Turkish Lira (TRY) … Euro to Turkish Lira (TRY) … Japanese Yen (JPY) to Turkish Lira (TRY) … Chinese Yuan (CNY) to Turkish Lira (TRY) … Türkischer wechselkurs... Tipos de cambio oficiales de la lira turca ... Түркия лирасының ресми бағамдары ... Virallinen valuuttakurssit Turkin liira ... Званични курсеви турске лира ... 터키 리라의 공식 환율 ... Taxas de câmbio oficiais da lira turca ... Расмий алмашуу курстарынын Түрк лирасынын ... Официален курсове на турската лира ... A Török Líra hivatalos árfolyama ... Turk lirasining rasmiy narxi ...
Money Talks: Turkish Lira falls to record low against US Dollar
Rising inflation and growing strains with overseas allies are spooking investors away from the local currency. The Turkish Lira touched a record low of 3.97 against the US Dollar early on Tuesday. Mobin Nasir reports. For their analyses Daily Sabah Financial columnist Taha Arvas joins us. Subscribe: http://trt.world/subscribe Livestream: http://trt.world/ytlive Facebook: http://trt.world/facebook Twitter: http://trt.world/twitter Instagram: http://trt.world/instagram Visit our website: http://trt.world
Views: 3919 TRT World
Turkey's Lira vs US Dollar crisis
Turbulent times for Turkey after its currency - the lira hit a record low against the dollar this month. It has recovered a bit since, but the plunge - due in part to worsening US-Turkey ties - may have long term effects. Subscribe: http://trt.world/StraitTalk Livestream: http://trt.world/ytlive Facebook: http://trt.world/facebook Twitter: http://trt.world/twitter Instagram: http://trt.world/instagram Visit our website: http://trt.world
Views: 6454 Strait Talk
Exchange Dollar to Turkish Lira in ATM Turkey
Exchange Dollar to Turkish Lira in ATM Turkey
Views: 2736 Andrii Tanenkov
Turkish central bank rate change boosts the lira - economy
The Turkish lira has strengthened after the central bank raised one of its interest rates to... euronews, the most watched news channel in Europe Subscribe for your daily dose of international news, curated and explained:http://eurone.ws/10ZCK4a Euronews is available in 13 other languages: http://eurone.ws/17moBCU http://www.euronews.com/2013/07/23/turkish-central-bank-rate-change-boosts-the-lira The Turkish lira has strengthened after the central bank raised one of its interest rates to support the currency. Bank officials also said they would, if necessary, take further steps to stop the lira from falling. The overnight lending rate was put up to 7.25 percent from 6.5 percent. Raising that rate increases the real interest rate on lira assets and makes them more attractive to foreign investors, supporting the currency. Whether that in itself will be enough remains to be seen. The move was in response to capital outflows that have knocked the value of the lira down as much as nine percent against the dollar, despite attempts by the central bank to prop it up. The lira has been weakened by uncertainty over the US Federal Reserve's bond-buying stimulus programme and by widespread public demonstrations against the government last month. The bank kept other rates - such as its one-week repo policy rate and its benchmark borrowing rate unchanged. It is a major reversal by the central bank, which two weeks ago was railing against what it called the 'interest rate lobby' which it said was conspiring to manipulate interest rates. At that time it steadfastly refused to use a shift in interest rates to support the lira. Prime Minister Tayyip Erdogan has long championed low interest rates, fearing an economic slowdown ahead of elections, but the central bank has already burned through $6.6 billion (five billion euros) of its reserves to try and boost the lira, a policy it cannot pursue indefinitely. Reassurances from Fed Chairman Ben Bernanke last week over the pace of the US central bank's plans to withdraw monetary stimulus have boosted sentiment in emerging markets, lending support to the lira in recent days and taking some pressure off Turkey's central bank. Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews
Views: 5047 euronews (in English)
Why the Turkish lira remains low | Short View
► Subscribe to FT.com here: http://on.ft.com/2eZZoLI ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs The FT's Jonathan Eley explains the reasons behind the Turkish lira's weakness For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
Views: 29560 Financial Times
🇹🇷 🌍 Analysis: Why is Turkey's currency crisis shaking global markets? | Al Jazeera English
President Recep Tayyip Erdogan says Turkey will be boycotting US electronic products in retaliation for what he calls an economic attack on his country.. Erdogan has repeatedly denied that the national currency is in crisis, even as it continues to slip against the dollar. The lira has dropped 45 percent this year. Turkey's Central Bank is easing bank restrictions to stabilise the currency. Erdogan blames the decline on a plot against Turkey's economy. Aly-Khan Satchu, a financial analyst and CEO of Rich Management, a financial and political advisory firm, talks to Al Jazeera about why Turkey's currency crisis is impacting global markets. - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: https://www.aljazeera.com/
Views: 58672 Al Jazeera English
Why I Bought 100 Turkish Lira?
Please Help Turkey #Pakistan #Turkey ============== Follow Instagram► https://www.instagram.com/theknowledgemeter/ Facebook► https://www.facebook.com/TheKnowledgeMeter/
Views: 2367 The Knowledge Meter
🇹🇷 Turkey crisis: Erdogan vows to boycott US electronics | Al Jazeera English
After days of heavy losses, the Turkish lira recovered some ground on Tuesday. But the row between Turkey and the United States seems to be escalating. President Recep Tayyip Erdogan has now called for a boycott of American electronic products, in response to what he says is an economic attack on his country. On Friday, Washington imposed new sanctions in response to the detention of an American pastor. The Turkish lira has fallen more than 40 percent against the US dollar this year. Al Jazeera's Sinem Koseoglu reports from Istanbul. - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: https://www.aljazeera.com/
Views: 666991 Al Jazeera English
My Foreign Currency Collection 2018 + Exchange Rates USD
So here it is people. Part 1 of my currency collection. In this video I show you the foreign bank notes I've collected throughout the years. In the next video I will show you the coins that my wife and I have collected! Exchange rate to USD included. Foreign Bank Notes in this video: Bolivian Bolivianos, Brazilian Real, Canadian Dollar, Chinese Renminbi Yuan, Chinese Wu Jiao, Chinese Yi Yuan, Danish Krone, European Euro, Haitian Gourde, Hong Kong Dollar, Hungarian Forint, Icelandic Krona, Indonesia Rupiah, Italian Lira, Jamaican Dollar, Japanese Yen, Mexican Peso, Mongolian Tögrög (Tugrik), Nigerian Naira, Swedish Krona, Philippine Piso, Polish Zloty, Singapore Dollar, South Korean Won, Norwegian Krone, Turkish Lira and the British Pound (United Kingdom) Pound. Social Media: ► www.linkedin.com/in/theangryspud ► Ask Me Anything: https://ask.fm/TheAngrySpud ► Discord: https://discord.gg/HJeDn72 ► Website: https://www.theangryspud.com/ ► Twitter: https://twitter.com/theangryspud28 ► Instagram: https://www.instagram.com/eliterb28/ ► Snapchat: www.snapchat.com/add/eliterb28
Views: 22049 The Angry Spud
Turkish lira hits record low after US announces review of duty-free access
Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN The lira, tumbling again....Turkey''s currency lost 5 and a half percent of its value Monday, the biggest one-day drop in nearly 10 years -- sliding to a new record low against both the US dollar and the Euro.In Istanbul, as across the country, the purchasing power of everyday Turks is in steep decline.UGUR ARSLAN, SELF-EMPLOYEDOur income is in lira but our spending is mainly indexed to the dollar. When you have a fixed income, it''s more difficult to cover the expenses. PVC WINDOW DEALER, LEVENT SUBASII am concerned about the fall in our currency because my business depends on exhange rates. We import the basic materials from abroad. We had to increase the prices four times this year. The lira has lost more than a quarter of its value since the start of the year, amid fears over President RecepTayyip Erdogan''s push for greater control over monetary policy.Monday''s drop followed the Trump administration''s announcement Friday that it would be reviewing Turkey''s duty-free access to the US market, a move that could affect some 1.7 billion dollars in Turkish exports.That review, a response to Ankara''s imposition of retaliatory tariffs on US goods after Trump put in place US tariffs on imported steel and aluminum in June.Turkey''s arrest of an American pastor accused of involvement in the failed 2016 coup attempt is adding to the tensions - last week Washington imposed sanctions on the Turkish justice and interior ministers over the affair.The lira regained some ground in early Tuesday trade amid reports that Ankara will be sending a delegation to Washington to try to and ease the strained relations between the two NATO allies. Visit our website: http://www.france24.com Subscribe to our YouTube channel: http://f24.my/youtubeEN Like us on Facebook: https://www.facebook.com/FRANCE24.English Follow us on Twitter: https://twitter.com/France24_en
Views: 1586 FRANCE 24 English
Turkey currency dropped over forty per cent against dollar
The Turkish government is taking legal action against hundreds of social media accounts which they claim has 'provoked' the ongoing plummet of the lira. Turkey's Interior Ministry said it has initiated legal investigations against 346 social media accounts 'which posted content provoking the dollar exchange rate.' The lira has lost more than 40 percent against the dollar this year, largely over worries about President Recep Tayyip Erdogan's influence over the economy, his repeated calls for lower interest rates, and worsening ties with the United States. Original Article: http://www.dailymail.co.uk/news/article-6054717/Turkey-claims-social-media-accounts-provoking-plummet-lira-legal-action.html Original Video: http://www.dailymail.co.uk/video/news/video-1744086/Video-Turkey-currency-dropped-forty-cent-against-dollar.html Daily Mail Facebook: http://facebook.com/dailymail Daily Mail IG: http://instagram.com/dailymail Daily Mail Snap: https://www.snapchat.com/discover/Daily-Mail/8392137033 Daily Mail Twitter: http://twitter.com/MailOnline Daily Mail Pinterest: http://pinterest.co.uk/dailymail Daily Mail Google+: https://plus.google.com/+DailyMail Get the free Daily Mail mobile app: http://dailymail.co.uk/mobile
Views: 1199 Daily Mail
Dollar Exchange rate today in Open market in Pakistan
This video about Dollar Exchange rate today in Open market in Pakistan. Today (4 Oct 2018) Current currency exchange rates in Pakistan. Current rate of U.S. Dollar USD To PKR is 126.50 Rs, Euro EUR To PKR is 145.00 Rs, British Pound GBP To PKR is 164.00 Rs, UAE Dirham AED To PKR is 34.40 Rs, Saudi Riyal SAR To PKR is 33.55 Rs, Canadian Dollar CAD To PKR is 97.75 Rs, Australian Dollar AUD To PKR is 89.50 Rs, Japanese Yen JPY To PKR is 1.07 Rs, Chinese Yuan CNY To PKR is 17.95 Rs, More Currencies and updated Pakistan open market rates are given below.
Views: 137 bhai naeem
Pak Rupee US Dollar Exchange Rate 1948 | PAK Rs vs US Dollar - TSKupdates
Information about Pakistani Rupees vs US Dollar. after 1947 and today. big difference between 1948 to 2017. Pakistani rupees vs us dollar rate Pakistani rupees vs us dollar price in 1947 price of rupees vs dollar in 2000 price of rupees vs dollar in 1948 price of rupees vs dollar, -~-~~-~~~-~~-~- Please watch: "Imran Khan se koi Larki agar bach gayi to - TSKupdates" https://www.youtube.com/watch?v=e26N_lizd3M -~-~~-~~~-~~-~-
Views: 4851 TSK updates
Turkish Lira recovers earlier losses against the dollar
The Turkish Lira has rallied after hitting a record low against the US dollar.
Views: 705 TRT World Now
Turkey boycott US electronic & goods, burn dollar | Turkey currency crises
You will watch in this video about: Turkey currency crises, Turkey boycott US electronics & Goods, Turks burn dollar, tayyab ordagan and trump, #Turkey boycott US electronic & goods, burn dollar | Turkey currency crises Haqaiq Info is educational, motivational, informational and inspirational YouTube Channel. Abdul Basit Rahi has been created this channel. He aims to create this channel to educate the people by creating useful content. The broadcaster of this channel is a messenger and sharer of information. He strives to verify, but cannot warrant the accuracy or completeness. Most of the information in the videos are based on our internet research, it may or may not be 100% accurate. If you believe that the content narrated or described in the videos or channel are not reflect to accuracy. Please feel free to contact us with authentic references to take necessary action. "Haqaiq Info" Like us on Facebook: https://www.facebook.com/Haqaiqinfo1 visit us on www.haqaiqinfo.com Follow me on Twitter: basit.rahi Find me on Google Plus: https://plus.google.com/u/1/+BasitRahi
Views: 685820 Haqaiq Info
Currency war turkey LIRA vs USA DOLLAR | investment with Turkish lira
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Views: 2621 Khalil Xain Official
Turkey: Erdogan tells Turks ‘change Dollars and Euros to lira’
Turkish President Recep Tayyip Erdogan called on Turks “hiding Dollars or Euros under pillows” on Saturday to change to Lira to help bolster the country’s flagging economy. Speaking from the eastern city of Erzurum, he told the crowd: “I'd like to say to those who have Dollar and Euros under pillows, I want you to go and invest to TL (Turkish Lira), invest to the domestic currency.” The lira has been steadily losing against the dollar in recent weeks, forcing an emergency central bank hike on Wednesday. Erdogan has vowed to modify monetary policy if he wins election on June 24. Subscribe to our channel! rupt.ly/subscribe Video ID: 20180527 010 Video on Demand: http://www.ruptly.tv Contact: [email protected] Twitter: http://twitter.com/Ruptly Facebook: http://www.facebook.com/Ruptly
Views: 4361 Ruptly
Turkish lira strengthens against USD after interest rate hike
TRT World journalist Mobin Nasir has the latest on the Turkish central bank's decision to increase interest rates to 24 percent.
Views: 283 TRT World Now
Currency Exchange Rate Comparisons - Philippines
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Turks voice concern as Turkish lira hits record low
Turks voiced their concern on Monday (August 6) as the Turkish lira tumbled to a record low against the dollar, after the Trump administration said it was reviewing Turkey's duty-free access to the US market, a move that could affect some $1.66 billion of imports. The currency has lost 27 percent of its value this year, battered mainly by concern about President Recep Tayyip Erdogan's drive for greater control over monetary policy. On Monday, it fell as much as 2 percent to a record low of 5.1920 against the dollar. By 1157 GMT it was at 5.1710. Relations between the Turkey and the U.S. have steadily worsened, strained by differences over Syria policy and an escalating row over the trial in Turkey of an American Christian pastor, Andrew Brunson. That friction has exacerbated the sell-off in the lira. Watch Live: http://www.presstv.com/live.html YouTube: https://www.youtube.com/user/videosptv/ Twitter: http://twitter.com/PressTV LiveLeak: http://www.liveleak.com/c/PressTV Facebook: http://www.facebook.com/PRESSTV Google+: http://plus.google.com/+VideosPTV Instagram: http://instagram.com/presstvchannel Dailymotion: http://www.dailymotion.com/presstv
Views: 1989 PressTV
Turkish/Nat XFA The Turkish lira dropped 27 percent against the dollar on Thursday after the government abandoned exchange-rate controls to stem a financial crisis sparked by a quarrel between Turkey's two top leaders. Bankers said that in early trading with the Central Bank the exchange rate was 950-thousand lira to one U-S dollar, compared with 688-thousand lira on Wednesday. Bankers warned a more accurate indication of the lira's value won't happen until further announcements on how the government will revise Turkey's ambitious anti-inflation programme. The devaluation of the lira helped an ailing stock market, though. It rose more than 10 percent to 7,945 points in the morning session, a day after losing 18 percent in its steepest fall ever. The crisis has led to widespread panic and a rush to buy U-S dollars on the black market. Illegal foreign exchange offices were swamped by Turkish citizens on Thursday as the country's economy continued to crash. Since Turkey began its anti-inflation programme backed by 11 (b) billion U-S dollars in loans from the International Monetary Fund, it had set daily currency rates for the lira against the dollar and euro. Overnight lending rates reached an annualized 7,500 percent Wednesday, helping destabilise markets already fuelled by fears of a major political crisis. By dropping the exchange-rate controls, Turkey is abandoning a key element of its economic stabilization programme. The government said it remains committed to the program, including the rapid privatisation of the state-owned fixed-line telephone monopoly. The managing director of the I-M-F, Horst Kohler, released a statement in support of the action taken by the Turkish Central Bank. Kohler said the decision to float the Turkish lira "should help stabilize the exchange rate and ensure - possibly after an initial increase - that the inflation rate continues to decline." SOUNDBITE: (English) "The president of IMF already announced that they were aware of the policy changes in Turkey. They approve them and they still stand powerfully behind the programme and offer their support. Therefore, I don't think there will be any unfavourable reaction from the IMF circles." SUPER CAPTION: Professor Paner Berksoy, Bilgi University, Istanbul SOUNDBITE: (English) "Since the future now is unpredictable one can hardly say that the changes in, the changes in the Turkish economy, the macro-economic variables and other performance criteria will continue to approach the European conditions." SUPER CAPTION: Professor Paner Berksoy, Bilgi University, Istanbul SOUNDBITE: (Turkish) "You wake up in the morning and don't know what to do, unemployment is growing, there is nothing else to say." SUPER CAPTION: Vox Pop - Necdet Gurel SOUNDBITE: (English) "In Turkey everything is under state control, people living in Turkey should be relaxed everything will be good at the near future. Everyone shall see." SUPER CAPTION: Vox Pop - Muhsin Ozturk You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/a3a3b0e21877ec84f404a16e0c11dd2c Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 747 AP Archive
How to Add Real Time Currency Converter in Excel Sheet (Calculate Currency & Update)
Add and Calculate All Currencies in Real time in Excel Sheet also update currency.. Click here for more detail... http://www.bsocialshine.com/2016/04/how-to-add-real-time-currency-converter.html Euro, dinar, US dollar, taka, rupees, franc, real, peso, pound, rupiah, rial, yen, shilling, dirham, rupee, riyal, rubie, Saudi riyal, rand, won, lira,
Views: 122113 MJ Tube
All countries currencies in indian rupees
hi guys in this video i will show u the other countries money in indian rupees.subscribe for more videos
Views: 296462 All Types Of Videos
🇹🇷 Erdogan's currency woes: What's next for Turkey's lira? | Counting the Cost
At the end of a volatile week for the embattled Turkish lira, President Recep Tayyip Erdogan has called on Turks to convert foreign currency savings into the country's currency. The lira, which has fallen about 15 percent this year, hit a low of 4.93 against the US dollar on Wednesday, before Turkey's central bank raised its top interest rate by three percentage points to 16.5 percent in an attempt to help stabilise the currency. Erdogan has been struggling to stop the currency crisis ahead of the snap presidential and parliamentary elections on June 24. On Wednesday, credit ratings agency Moody's cut Turkey's economic growth forecasts. Offering his take on Turkey's economy, Charles Robertson, chief global economist at Renaissance Capital, explains that the big swings in the currency are due to "a massive build-up of private sector debt in Turkey over the last 10-15 years." He says that in recent years there's been growing concern that "at some point in the medium term, like now, you're going to see a lending stop, growth stop, and then people flee Turkish assets because people have been buying into Turkey under the assumption it would grow five percent forever and the risk is it's going to slump into recession." While Turkey's private sector debt is around 70 percent of GDP (gross domestic product), the "particular size of the borrowing is not the issue ... China is double that," he says. "It's the scale of the increase over 10 years, which usually coincides with excess borrowing, bad borrowing decisions - perhaps into real estate or something similar - and that tips over. We saw that a lot in the global financial crisis across Eastern Europe countries and to some extent the US had that problem in the global financial crisis." Asked about Erdogan's recent comments describing high-interest rates as the "mother of all evil", Robertson says, "Erdogan was the market's darling for a decade or so. And there was always local concern that he was encroaching his powers getting too great. He's now been empowered for so long that there is very little constraint upon him ... But it's the central bank which has people concerned the most because Turkey relies on foreign capital to fund its current account deficit ... It needs foreign capital. So to say 'we don't want to pay the interest rates required to attract that capital has frightened the markets." This week, the central bank finally announced a streamlining of interest rate tools to focus on having one single main rate to reassure investors. "The 300 bases point rate hike has helped, having interest rates up at around 16 percent has helped, but also for a number of years the central bank has been trying to raise rates but not tell the electorate in Turkey that they're raising rates to try and keep the President [Erdogan] happy," says Robertson. "This repo rate, which was sitting at around at eight percent, and has now been raised to 16.5 percent or so. That is a sign that finally orthodoxy seems to have won. And in the longer run that will work, like it worked for Russia." "Orthodoxy does win in the end and it looks like Erdogan has given up ... The central bank is being allowed to do what orthodox people would suggest and what the market wanted to see." But in the short term, Robertson believes that we will "see inflation rise and that's going to hurt poor people. It usually hurts the poorest." He predicts that growth will be slow, "at best two to three percent this year. And the population is growing [at the rate of] one to two [percent], so per capita, that's really not much of a gain. These are tough times for Turks now." More from Counting the Cost on: YouTube - http://aje.io/countingthecostYT Website - http://aljazeera.com/countingthecost/ - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: https://www.aljazeera.com/
Views: 42327 Al Jazeera English
Pound and euro dive to fresh low along with Turkish lira   (10.08.2018)
Today the United Kingdom released rather strong economic data. Nevertheless, the GBP/USD pair has barely changed and stayed at low levels. The flash estimates showed that in the second quarter the British economy expanded at a faster annual pace of 1.3%. On a quarterly basis the UK’s gross domestic product grew by 0.4%. This result came in line with analysts’ expectations. At the same time, the monthly pace of growth did not meet the forecast. In June the GDP volume increased by just 0.1% while experts predicted a rise of 0.2%. Additionally, the industrial production report came in line with the forecast. In June the output in the United Kingdom increased by 0.4% on a monthly basis and by 1.1% in annual terms. What is more, the trade balance report exceeded market expectations, showing a smaller deficit. In June the shortfall narrowed to 11 billion 400 million pounds. However, the future of trade relations between the United Kingdom and the European Union remains uncertain. This uncertainty puts the pound-dollar pair under pressure. The cable was trading below the level of 1.2800. Traders do not hurry to buy the British currency as the next round of negotiations between Britain and the EU can bring unexpected results. Meanwhile, the EUR/USD pair plunged below the 2-month low. The chart has approached the level of 1.1440 on the back of political instability in Turkey and a crash of the Turkish lira. Experts anticipate that the euro and the pound sterling will end this trading week in the negative zone. In addition to the mentioned factors, expectation of a strong inflation report from the US put the European currencies under pressure. https://www.instaforex.com FX Analytics - https://www.instaforex.com/forex_analytics Forex Calendar - https://www.instaforex.com/forex_calendar Forex TV from InstaForex - https://www.instaforex.com/instaforex_tv Forex charts - https://www.instaforex.com/charts Instant account opening - https://www.instaforex.com/fast_open_live_account Forex Trading Contests - https://www.instaforex.com/forex_contests List of official InstaForex blogs: https://www.facebook.com/instaforex https://www.instagram.com/instaforex/ https://twitter.com/InstaForex
Views: 423 InstaForex
Why is the Turkish lira so weak?
The Turkish lira hit an all-time low, dragging down other emerging market currencies like the South African rand and the Mexican peso. Richard Segal, senior analyst at Manulife Asset Management, tells IGTV’s Victoria Scholar that Turkey’s full-blown currency crisis is largely self-inflicted. #TurkishLira #Erdogan Subscribe: https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 Learn more about IG: https://www.ig.com?CHID=9&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom LinkedIn: https://www.linkedin.com/company/igcom We provide fast and flexible access to over 10,000 financial markets – including indices, shares, forex and commodities – through our award-winning range of platforms and apps. Established in 1974 as the world’s first financial spread betting firm, we’re now the world’s No.1 provider of CFDs and spread betting* and a global leader in forex. We also offer an execution-only share dealing service in the UK, Ireland, Germany, Austria and the Netherlands. We have recently launched a range of affordable, fully managed investment portfolios, to provide a comprehensive offering to investors and active traders. Through our low fees and smart price-sourcing technology, we help traders keep their costs down. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading spread bets and CFDs with this provider†. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. * Based on revenue excluding FX (published financial statements, February 2018). † For the 12 months preceding 1 July 2018.
Views: 1143 IG UK
Turkey: ‘They have dollars, we have God’ hails Erdogan as currency dives
Subscribe to our channel! rupt.ly/subscribe Turkish President Recep Tayyip Erdogan called on his people to trust God during a rallying call to supporters in the Black Sea province of Rize late on Thursday. He said, "Today we are better than yesterday, tomorrow we will be better than today. You do not need to worry at all. Various manipulations were running. You shouldn't pay attention to those manipulations. Don't forget that, if they have their dollars we do have our people, we do have our God." The exchange rate is around 6.6 liras for one dollar, and 7.5 liras for a euro, compared to 3.5 liras for one dollar and 4.1 liras for one euro in August last year. Video ID: 20180810-019 Video on Demand: http://www.ruptly.tv Contact: [email protected] Twitter: http://twitter.com/Ruptly Facebook: http://www.facebook.com/Ruptly
Views: 3882 Ruptly
Money Talks: Turkish currency gains ground against US Dollar
The Turkish Lira has been one of the rising emerging currencies against the US Dollar in 2017, boosted by positive signals from the Central Bank. Rising foreign investments, a strong recovery in tourist arrivals and exports also help Turkey's currency gain strength. International investors including Societe Generale and Goldman Sachs expect the Turkish Lira to continue to gain strength. Economist Taha Arvas explains what he believes are the key drivers behind the Turkish economy and its strengthening currency. Subscribe: http://trt.world/subscribe Livestream: http://trt.world/ytlive Facebook: http://trt.world/facebook Twitter: http://trt.world/twitter Instagram: http://trt.world/instagram Visit our website: http://trt.world
Views: 1525 TRT World
19-09-2018 Open Market Currency Exchange Rates in Pakistan | Currency Exchange Rates | Forex
19-09-2018 Open Market Currency Exchange Rates in Pakistan | Currency Exchange Rates | Forex #currencyexchangerates #pakistanopenmarketrates #currencyratesinpakistan #forex Currency Rates in Pakistan OPEN MARKET CURRENCY RATES IN PAKISTAN Currency Rates in Pakistan Currency Rates in Pakistan today, Currency Rates in Pakistan open market currency exchange rates, open market currency exchange rates of US$ dollar currencies buying and selling rates Saudi Riyal Rates in Pakistan UAE Dirham Rates in Pakistan British Pound Rates in Pakistan USD Dollar Rates in Pakistan Euro Rates in Pakistan Pakistan Rupee Exchange Rates 2017 mjh studio Channel link https://www.youtube.com/channel/UCohh9khHhBaVr2Ih7OGvSng Saudi mein Aaj Ka Riyal Rate - 04 July 2018 in Hindi/Urdu | INDIA|Pakistan|Bangladesh|Nepal https://youtu.be/NWSotqY5s3Q DISCLAIMER: This Channel DOES NOT Promote or encourage Any illegal activities , all contents provided by This Channel is meant for EDUCATIONAL PURPOSE only . Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use #mjhstudio
Views: 2366 MJH Studio
Tayyip Erdogan is Showing Hope to Turkish People Towards Turkish Lira
Tayyip Erdogan is showing a sign of very bright hope to its people. He has given a hope to Turkish people not to worry about Turkish Lira and its depreciation. We have to sell USD and Euros to increase the value of Turkish Lira
Views: 252020 Haqeeqat TV
Forex News: 10/08/2018 - Dollar propelled to 13-month high; Turkish lira at fresh record low
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand howCFDs work and whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD/USD) Visit: http://www.xm.com the international Forex broker.
Views: 432 XM
America turkey issue 2018, tariff on aluminium and steel , turkish lira by Donald trump
America and Turkey has economic war now a days, Questions and queries from our topic are 1) America and turkey issue hindi urdu 2) Donald Trump and turkey issue hindi urdu 3) Turkey Lira price Pakistan hindi urdu 4) Why Turkey currency Lira is felling down hindi urdu 5) Turkey Lira price in Pakistan hindi urdu 6) Aluminium and steel tariff hindi urdu 7) Aluminium and steel tariff for turkey hindi urdu. 8)America doubles a steel and aluminium rates hindi urdu. 9) Tayyab Erdogan hindi urdu. 10) Tayyab Erdogan reaction on america tariff hindi urdu. 11) Tayyab edrdogan asks to sell gold , euros and dollars. 12) Why Lira turkish Currency is going down. 13) Why donald trump imposed aluminium and steel tariff on turkey. 14) , Turkey current situation in world . 15) Turkey Economy down reasons. 16) Reasons for low Lira rate 17) Why turkey currency plunging . 18) Turkey and America 19) Turkish currency rate in Pakistan. 20) Turkey America Economy war . 21) Turkey america relationship. 22) Donald Trump asked foreign investors. 23) Aluminium and steel tax in America for turkey. 24) Turkey exports in Pakistan 25) Steal and aluminium rates for Turkey 26) Why turkey is facing economic crises 27) Iran and Turkey relationships 28) Donald Trump and Tayyab Erdogan fights. 29) Donald Trump ordered his nation 30) USA united states dollar and Turkey Turkish Lira Lera price down youtube urdu. 31) President donald trump and Tayyab erdogan 32) Tax and tariffs youtube urdu 33) America Turkey clash 34) reasons for america turkey 35) economy war USA Turkey 36)turkey stock exchange 37) turkey crisis 38) European stock exchange 39) turkey america 40 ) current affairs in turkey 41 ) Turkey America fight 42) America Turkey fight 43) Users for Pakistan and india 44) steel and aluminium crisis turkey 45) Turkey Urdu 46) Turkey America 47) Turkey 48) Erdogan 49) Urdogan 50) tayyab erdogan 51) tayyab ardogan 52) turkey pakistan 53) turkey america 54) turkey crisis 55) turkey steel 56) turkey aluminium
Views: 4340 Muhammad Hamza
Today currency rate ||currency rate today ||OPEN MARKET CURRENCY RATES IN PAKISTAN 5/22/2018
OPEN MARKET CURRENCY RATES IN PAKISTAN Pakistan Stock Exchange dollar to pkr euro to pkr Island by Declan DP Music https://soundcloud.com/declandp Creative Commons — Attribution 3.0 Unported — CC BY 3.0 http://creativecommons.org/licenses/b... Music promoted by Audio Library https://youtu.be/W-VL3ErafA
Views: 1553 Staso Malgaray
Turkish lira has fallen over 30 percent against the USD this year
TRT World's Harry Horton in Washington and Mobin Nasir in Istanbul report on Turkey's economy.
Views: 631 TRT World Now
Gold is Turkey’s Only Hope At Saving The Lira - Expert
The only chance that Turkey has to stabilize the lira and stop further depreciation is to establish a currency board and anchor the lira to another reserve, like gold, said Steve Hanke, professor of Applied Economics at the Johns Hopkins University and senior fellow at the Cato Institute. “Under a currency board arrangement that was gold-based, the lira would trade at a fixed exchange rate to gold, be freely convertible, and it would be fully backed 100% by gold. So, the lira would literally be as as good as gold,” Hanke told Kitco News. Hanke noted that under this arrangement, inflation in Turkey would “collapse,” from 100% on an annual basis down to “almost nothing, overnight,” further stabilizing the lira. He added that this currency board arrangement is Turkey’s only option at preventing further lira depreciation at this point, as by definition, capital controls under a currency board with a fixed currency is not possible, and raising interest rates would also not be economically sound policy given the high inflation rate. “There’s no way that the lira will stabilize with the current system that they have. The inflation rate, as I measure it, is around 100% in Turkey right now, on an annual basis, and that implies that to get a real yield that’s positive, you’d have to have interest rates over 100% and that of course, that will kill the Turkish economy,” he said. Hanke added that Turkey is no stranger to lira collapses, as their currency has witnessed similar rapid depreciation in the past. “They’re slow learners,” he said. _________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs Twitter - https://twitter.com/kitconewsnow Google+: https://plus.google.com/u/0/116266490328854474588 StockTwits - https://stocktwits.com/kitconews Live gold price and charts: http://www.kitco.com/gold-price-today-usa/ Live silver price and charts: http://www.kitco.com/silver-price-today-usa/ Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Views: 53374 Kitco NEWS
Turkey's currency crisis fuels citizens' fear impact of Lira falling against Dollar
The Turkish lira has lost more than 40 percent of its value, since the start of 2018, and it hit record lows on Monday before recovering slightly. Turkish President Recep Tayyip Erdogan said the country is facing an "economic war" and many Turkish citizens are concerned about the effect on their lives. CGTN's Michal Bardavid reports.
Views: 2590 CGTN America
The Turkish Lira Is CRASHING! - What Does This Mean For Turkey?
Josh Sigurdson talks with author and economic analyst John Sneisen about the terrible state of the Turkish Lira. As the Lira is about 17% weaker than it was at the beginning of the year, Erdogan and Turkey's central bank is raising interest rates. The late liquidity window rate has been hiked to 16.5% at a recent emergency meeting. The Lira has fallen to a record low after falling 5.2%. Turkey's central bank is attempting to do some "monetary tightening" but this is quite futile. This was bound to happen. All fiat currency eventually reverts to its true value of zero. It always has, it always will, going back to 1024AD in China. The monetary tightening is simply more centralization piled on top of already extreme centralization. It will postpone the crash all while making it worse. As John mentions, it appears that Erdogan is hoping for a new Ottoman Empire. Of course we can't lay off blame on the west and the combination of other NATO countries entangled in foreign affairs, but central planning is central planning and it will always end up in a crisis. Stay tuned as we continue to cover this issue! Video edited by Josh Sigurdson Featuring: Josh Sigurdson John Thore Stub Sneisen Graphics by Bryan Foerster and Josh Sigurdson Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShallPrevail/ Follow us on Twitter here: https://twitter.com/WorldAltMedia FIND US ON STEEMIT: https://steemit.com/@joshsigurdson BUY JOHN SNEISEN'S LATEST BOOK HERE: Paperback https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602 Kindle https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1 DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship! https://www.patreon.com/user?u=2652072&ty=h&u=2652072 BITCOIN ADDRESS: 18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU Buy Tickets for G. Edward Griffin's much anticipated Red Pill Expo 2018 in Spokane, Washington by clicking the link below: https://redpillexpo.org/wam/ref/26/ World Alternative Media 2018 "Find the truth, be the change!"
Turkey's Failed Coup Creates Currency Risk, HSBC's Murat Toprak Says
July 19 -- Turkey’s lira declined after policy makers slowed the pace of interest-rate cuts. The currency fell 0.2 percent to 2.9823 per dollar at 2:03 p.m. in Istanbul as the central bank lowered the overnight-lending rate by 25 basis points to 8.75 percent, in line with expectations. Policy makers cut the rate by 50 basis points at each of its last three meetings. Even though attempts to overthrow President Recep Tayyip Erdogan’s government were thwarted, they fueled concern about the nation’s security and the longer-term implications for the economy. HSBC Head of CEEMEA FX Strategy Murat Toprak discusses with Bloomberg's Manus Cranny on "The Pulse" before the rate decision.
Views: 3163 Bloomberg
Turkish lira hits record low against dollar
Turkish Lira has sunk to a new record low, causing economic losses for companies across the country. This is while the Turkish government says the economic situation is under the control and nothing will affect the economic growth in Turkey. Watch Live: http://www.presstv.com/live.html YouTube: https://www.youtube.com/user/videosptv/ Twitter: http://twitter.com/PressTV LiveLeak: http://www.liveleak.com/c/PressTV Facebook: http://www.facebook.com/PRESSTV Google+: http://plus.google.com/+VideosPTV Instagram: http://instagram.com/presstvchannel Dailymotion: http://www.dailymotion.com/presstv
Views: 2070 PressTV
1 Dollar?  ১ ডলারে কতো টাকা??  || Trick Boy Imran || Bangla Tech
1 Dollar? ১ ডলারে কতো টাকা?? || Trick Boy Imran || Bangla Tech All Currency Converter is a real-time currency exchange rates converter. (The calculator is featured) All around the world offer rates for almost all currencies (over 162) and also comes with a special price for minerals such as gold, silver and. ● Currency Converter ○ Comes with a simple exchange rate conversion and exchange rate calculation. ○ View and can calculate currency (the currency of some ready ...) AED UAE Dirham AFN Afghan Afghani ALL Albanian Lek AMD Armenian Dram ANG Neth Antilles Guilder AOA Angolan Kwanza ARS Argentine Peso AUD Australian Dollar AWG Aruba Florin AZN Azerbaijani New Manat BAM Bosnian Convertible Marka BBD Barbados Dollar BDT Bangladesh Taka BGN Bulgarian Lev BHD Bahraini Dinar BIF Burundi Franc BMD Bermuda Dollar BND Brunei Dollar BOB Bolivian Boliviano BRL Brazilian Real BSD Bahamian Dollar BTC Bitcoin BTN Bhutan Ngultrum BWP Botswana Pula BYN New Belarusian Ruble BZD Belize Dollar CAD Canadian Dollar CDF Congolese Franc CHF Swiss Franc CLP Chilean Peso CNY Chinese Yuan COP Colombian Peso CRC Costa Rica Colon CUP Cuban Peso CVE Cape Verde Escudo CYP Cyprus Pound CZK Czech Koruna DJF Dijibouti Franc DKK Danish Krone DOP Dominican Peso DZD Algerian Dinar EGP Egyptian Pound ERN Eritrean Nakfa ETB Ethiopian Birr EUR Euro FJD Fijian Dollar FKP Falkland Islands Pound GBP British Pound GEL Georgian Lari GHS Ghanaian Cedi GIP Gibraltar Pound GMD Gambian Dalasi GNF Guinea Franc GTQ Guatemala Quetzal GYD Guyana Dollar HKD Hong Kong Dollar HNL Honduras Lempira HRK Croatian Kuna HTG Haiti Gourde HUF Hungarian Forint IDR Indonesian Rupiah ILS Israeli Shekel INR Indian Rupee IQD Iraqi Dinar IRR Iranian Rial ISK Iceland Krona JMD Jamaican Dollar JOD Jordanian Dinar JPY Japanese Yen KES Kenyan Shilling KGS Kyrgyzstani Som KHR Cambodia Riel KMF Comoros Franc KPW North Korean Won KRW Korean Won KWD Kuwaiti Dinar KYD Cayman Islands Dollar KZT Kazakhstan Tenge LAK Lao Kip LBP Lebanese Pound LKR Sri Lanka Rupee LRD Liberian Dollar LSL Lesotho Loti LTL Lithuanian Lita LVL Latvian Lat LYD Libyan Dinar MAD Moroccan Dirham MDL Moldovan Leu MGA Malagasy Ariary MKD Macedonian Denar MMK Myanmar Kyat MNT Mongolian Tugrik MOP Macau Pataca MRO Mauritania Ougulya MUR Mauritius Rupee MVR Maldives Rufiyaa MWK Malawi Kwacha MXN Mexican Peso MYR Malaysian Ringgit MZN Mozambican Metical NAD Namibian Dollar NGN Nigerian Naira NIO Nicaragua Cordoba NOK Norwegian Krone NPR Nepalese Rupee NZD New Zealand Dollar OMR Omani Rial PAB Panama Balboa PEN Peruvian Nuevo Sol PGK Papua New Guinea Kina PHP Philippine Peso PKR Pakistani Rupee PLN Polish Zloty PYG Paraguayan Guarani QAR Qatar Rial RON New Romanian Leu RSD Serbian Dinar RUB Russian Rouble RWF Rwandan Franc SAR Saudi Arabian Riyal SBD Solomon Islands Dollar SCR Seychelles Rupee SDG Sudanese Pound SEK Swedish Krona SGD Singapore Dollar SHP St Helena Pound SIT Slovenian Tolar SLL Sierra Leone Leone SOS Somali Shilling SRD Surinamese Dollar STD Sao Tome Dobra SVC El Salvador Colon SYP Syrian Pound SZL Swaziland Lilageni THB Thai Baht TJS Tajikistani Somoni TMT Turkmenistani Manat TND Tunisian Dinar TOP Tonga Pa'anga TRY Turkey Lira TTD Trinidad&Tobago Dollar TWD Taiwan Dollar TZS Tanzanian Shilling UAH Ukraine Hryvnia UGX Ugandan Shilling USD U.S. Dollar UYU Uruguayan New Peso UZS Uzbekistani Som VEF Venezuelan Bolivar VND Vietnam Dong VUV Vanuatu Vatu WST Samoa Tala XAF CFA Franc (BEAC) XAG Silver Ounces XAU Gold Ounces XCD East Caribbean Dollar XDR IMF Special Drawing Rights XOF CFA Franc (BCEAO) XPD Palladium Ounces XPF Pacific Franc XPT Platinum Ounces YER Yemen Riyal ZAR South African Rand ZMW Zambian Kwacha Currency Converter Download link : https://play.google.com/store/apps/details?id=com.smartwho.SmartAllCurrencyConverter
Views: 53343 Mental BaBa
What Country Uses Lira As Their Currency
In some countries, such as Italy, Cyprus and Malta, the words Lira and Pound were used interchangeably before the Euro was adopted in those countries in 2008. The letter L, sometimes in script form (£), was the usual symbol. Until World War II, the Italian Lira was subdivided into 100 cents. Use xe's free calculator to convert foreign currencies and try eur currency converter. Wikipedia wiki lira url? Q webcache. Get live exchange rates for euro member countries to italy lira. May 7, 2011 answer 1 of 228 many people tell me not to take turkish lira, just but on the dolmus or in restaurants you can use euro lira. Dollar is the currency most used in international transactions. Currency country jul 31, 2017 want to know which countries use the euro? Find european turkey, no, lira non eu that euro as their currency eur itl converter. Usd to try currency new turkish lira all about turkey. Get live exchange rates for turkey lira to euro member countries. Currency exchange table (turkish lira) x rates. Many countries used and use the lira as their currency. Why don't countries fix their currency valuation? Quora. Currencies and currency codes nations online project. Which country uses the currency of lira? Blurtitwhat kind money does italy use? Currencies world atlas. Lira wikipedia lira wikipedia en. Turkish lira or euros what is the best currency to take list of countries which use euro aph member italy liraturkey. In my opinion you get more for your money on the dolmus using tl. Dollar as their official currency, and many others allow it to while determining the name of new currency unit, expression 'lira', countries that dropped zeros from units opted for adding operational problems arising form use figures with multiple occasionally do fix value but they this by this, turkey introduced turkish lira which was valued at 1 some twos, such 2, 200, 2,000 etcthis rates table lets you compare an amount in all other currencies a further 24 peg own euro. Convert united states dollar to turkish lira. There is a link on where to buy currency at the top right of this page. In each of these countries the libra was translated into local language pound in england, livre france, lira italy. Currently used by turkey turkish liralebanon lebanese pound is also called lirasyria syrian answer (1 of 4) their currently no country that uses currency world religionsvideo library calculator place finder periodic table perpetual calendar homework help spelling checker each eurozone has its own coin design, and trying to identify the different 1, 2002, lira was one european currencies replaced euro, mar 2, 2017 country, currency, sub cyprus (turkish), lira, 100 kurus use this computer find relative exchange rate between you might your browsers search function a or (cyp) euro; Northern in use, eur. Several countries use the u. The venetian lira was one of the currencies in use italy and due to economic power republic a popular currency eastern mediterranean trade between 18
Views: 278 Etta Hahne Tipz
Turkish lira falls to fresh lows against US dollar
The Turkish lira has experienced record-setting plunges over the past weeks. Turkey’s Central Bank injected 1.5 billion dollars on Tuesday in an attempt to boost and stabilize the currency, but things got worse the day after. Analysts say both the short and long term future of the Turkish lira will remain dependent on the political situation in the country. Watch Live: http://www.presstv.com/live.html Twitter: http://twitter.com/PressTV LiveLeak: http://www.liveleak.com/c/PressTV Facebook: http://www.facebook.com/PRESSTV Google+: http://plus.google.com/+VideosPTV Instagram: http://instagram.com/presstvchannel Dailymotion: http://www.dailymotion.com/presstv
Views: 1669 PressTV
Geo-Political Economic Crisis| Turkish Lira & Pak Rupee Fall
The financial crisis a decade ago struck at the very heart of the global economy – the strategically important banks in the United States and Europe. But it took time to arrive. The “big one” of 2008 followed a series of mini-crises elsewhere in the world. Over a 15-year period, problems in the emerging markets worked their way to the heart of the international system. Mexico, Thailand, Indonesia, South Korea, Brazil, Russia and Argentina were all warning signs that unchaining global finance would eventually prove costly to the rich developed countries as well. Unfortunately, the warning signs were ignored. That’s why Turkey matters. The recovery from the recession 10 years ago has been patchy. Trade tensions have been rising. Reform of the financial system has been incomplete. For the time being, Turkey looks like a localised crisis with no significant spillover effects. It has the potential to be more serious than that. For a start, it is a relatively big country, with a population of 80 million and an economy four times as big as neighbouring Greece. Turkey’s geopolitical significance extends beyond the fact that it straddles Europe and Asia. As a member of Nato, it has traditionally been seen as part of the west’s defence against Russian expansionism. It is also currently the home to 3 million Syrian refugees, many of whom would like to be living in the European Union. What’s more, its problems – while acute – are not unique. Many emerging market economies borrowed heavily in dollars when American interest rates were at rock-bottom levels. The result was credit-driven growth, which starts to look fragile when – as now – and the . Turkey, though, is in a class of its own. An economic and financial crisis that has been brewing all year has finally come to a head. Inflation has hit 15% and will inevitably be pushed higher because the lira is in free fall, dropping 14% on Friday alone. As Capital Economics have noted, when the rouble fell by a similar amount in 2014, the Russian central bank responded by raising interest rates by 6.5 percentage points and announced measures to support the banking system. Russia had learnt lessons from its previous crisis, not least the need for ample foreign currency reserves to help defend the exchange rate. Turkey does not have deep pockets and has a president, Recep Tayyip Erdoğan, who has decided that the conventional response to a plunging currency – higher interest rates – is not for him. Erdoğan is one of the world’s current crop of self-styled strongmen leaders but has the misfortune to come up against someone who is a lot stronger than he is. Relations between Turkey and the US are not good. The White House is unhappy that Erdoğan has put in an order with Vladimir Putin to buy Russian rather than American missiles. When Donald Trump announced economic sanctions against Iran last week, Erdoğan pointedly refused to take part. And, so far, Turkey has refused to release an American pastor, Andrew Brunson, held on disputed terrorism charges. Trump chose his moment well. On Friday, when Turkey was in chaos, he announced that he was doubling tariffs on imported steel and aluminium, vital to the Turkish economy. Talk about kicking someone when they are down. Erdoğan has insisted that he will not be browbeaten into submission but has few realistic options. To be sure, Turkey can seek to put pressure on Trump by saying that it will quit Nato and forge closer ties with Russia. Erdoğan could warn the EU that it will face a new inflow of migrants unless it intervenes on his behalf. But what the financial markets are looking for are not diplomatic moves that demonstrate Turkey’s geopolitical importance but rather economic measures to prevent a potentially ruinous tsunami of selling over the coming days. In that respect, failure to tackle the signs of trouble earlier will now prove costly. Erdoğan’s answer to the financial crisis – that his followers should do their patriotic duty and exchange rapidly appreciating US dollars for ever-more worthless Turkish lira – is laughable. Indeed, it will merely add to the belief in the world’s financial markets that Turkey is being led by a man who has lost touch with reality. It is clear what needs to happen. Turkey has to tackle the three causes of its current predicament: an overheating economy; Erdoğan’s attempts since his re-election in June to prevent the central bank from taking the necessary action to deal with rising prices; and the stand-off with the US. A man counts his liras at a currency exchange shop in Istanbul’s market on Friday. Facebook Twitter Pinterest A man counts his liras at a currency shop in Istanbul’s market on Friday. Photograph: Mucahid Yapici/AP For Erdoğan, that means eating a huge plateful of humble pie. He is going to have to surrender to Trump over Brunson, because he is damaging the economy by continuing with a fight he cannot win. And he will need to accept that tough and unpopular measures a
Views: 2905 Muhammad Qasim

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