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Turkey bailed out by QATAR; Lira rises sharply
| effete milk school | 08/16/18 |
| Zombie-like indian lodge rigor | 08/16/18 |
| cordovan legend | 08/16/18 |
| ungodly ocher tank | 08/16/18 |
Poast new message in this thread
Date: August 16th, 2018 3:48 AM Author: effete milk school well that's an interesting twist in the story:
Turkish lira rebounds after Qatar pledges $15 billion
The Turkish lira is rebounding from record losses a day after Qatar pledged US$15 billion in investments to help Turkey's economy.
The currency strengthened some 3 percent against the dollar on Thursday, trading at around 5.75 per dollar, hours before Turkey's treasury and finance minister were scheduled to reassure international investors about the economy.
The lira had nosedived in recent weeks, hitting a record low of 7.24 last week, amid a diplomatic and trade dispute with the United States.
Washington imposed sanctions and tariffs over the continued detention of an American pastor, while Turkey retaliated with some US$500 million of tariffs on some U.S. imports and said it would boycott U.S. electronic goods.
The currency recovered after authorities took steps to help bank liquidity and limit swap transactions.
https://abcnews.go.com/International/wireStory/turkish-lira-rebounds-qatar-pledges-15-billion-57211310 |
Date: August 16th, 2018 3:50 AM Author: Zombie-like indian lodge rigor So Qatar is bailing out European banks? (http://www.autoadmit.com/thread.php?thread_id=4053124&forum_id=2#36625314) |
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Date: August 16th, 2018 7:13 AM Author: cordovan legend (http://www.autoadmit.com/thread.php?thread_id=4053124&forum_id=2#36625522) |
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Date: August 16th, 2018 4:12 AM Author: ungodly ocher tank why's the euro still in the toilet? (http://www.autoadmit.com/thread.php?thread_id=4053124&forum_id=2#36625336) |