Turkish lira + foreign investor buying spree in Istanbul\

Discussion in 'Forex' started by goldsilverratio, Aug 26, 2018.

  1. Sig

    Sig

    No, it was very much like Turkey, seen as a safe, secular government haven in the Middle East. For year's Turkey has been that same kind of place and we can only hope it goes back instead of following the current path.
     
    #11     Aug 27, 2018
  2. srinir

    srinir

    Yeah. Understood your post. I was little confused about @zdreg post about accidental hidden message.

    Regarding Turkey, I doubt it will ever go back to its secular roots after its president has pretty much acquired dictatorial powers and has destroyed institutions
     
    #12     Aug 27, 2018
  3. Sig

    Sig

    I have him blocked so I don't see his messages, sometimes leads to non-sequitur to those of you seeing everything!

    Damn shame, it's actually on my list of places to visit and I'm seriously considering moving my trip up to this next summer so we can see it before it devolves any more.
     
    #13     Aug 27, 2018
  4. newwurldmn

    newwurldmn

    Turkey is a wonderful country. Of all the places I have been to, it was my favorite. The culture and the history are one of the oldest in the world.

    We flew into Instanbul and then Izmir and drove to Capadocia.

    If you want any advice, I would be happy to share over PM.
     
    #14     Aug 27, 2018
  5. Sig

    Sig

    PM on its way, thanks!
     
    #15     Aug 27, 2018
  6. Turkey moves away from foreign currencies in the country's property market as it looks to stem dramatic fall of its own currency. Turkey issued a decree on Thursday announcing that contracts for sales, rent and leasing MUST in future be MADE made IN TURKISH LIRA.
    https://www.bbc.com/news/world-europe-45508672
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    Turkey will PRIORITISE central bank INDEPENDENCE and synchronising fiscal and monetary policy? ( Treasury and Finance Minister Berat Albayrak of Turkey ? ) September 8, 2018, 11:50 AM GMT+2
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    Turkey announces rate hike September 8, 2018 2h ago 12:17 The Central Bank of the Republic of Turkey has hiked its benchmark interest rate to a blistering 24%, up from 17.75%.
    https://www.theguardian.com/busines...sions-john-lewis-profits-tumble-business-live
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    #16     Sep 13, 2018
  7. zdreg

    zdreg

    in a contract, imagine all the blank spaces for the amount of turkish lira until the last moment or similar method. politicians will rarely take action which requires short term pain for long term gain.
     
    Last edited: Sep 13, 2018
    #17     Sep 13, 2018