Today at 10:30 am F-16 fighters of the Air Force of the Turkish Republic took off from the Ganja airport of the Republic of Azerbaijan, providing bombardment of settlements located in the Vardenis, Mets Masrik and Sotk regions of the Vardenis region of the Republic of Armenia with Azerbaijani SU-25 and Turkish Bayraktar ATS and missile strikes on ground units of the Armed Forces. During this period, its own aviation performed the tasks of combat support of the air defense units of the RA Armed Forces. The F-16 multifunctional fighter of the Turkish Air Force, while performing a combat mission during anti-aircraft battles in the airspace of the Republic of Armenia, damaged the Su-25 attack aircraft of the RA Air Force. The pilot, unfortunately, died heroically. The F-16 multifunctional fighter of the Republic of Turkey, by means of objective control, was located at a depth of 60 km, at an altitude of 8200 meters.
"Turkey’s Lira Plunges After Upheaval at Central Bank" March 21, 2021, 9:57 AM EDT Corrected March 21, 2021, 7:09 PM EDT https://www.bloomberg.com/news/arti...wrong-footed-after-central-bank-hawk-s-ouster
"Turkish lira plummets to 'insane' historic low after President Erdogan sparks sell-off" https://www.cnbc.com/2021/11/23/tur...storic-low-after-erdogan-sparks-selloff-.html .
"Turkey’s Erdogan Met With Central Bank Governor" November 23, 2021, 9:04 AM EST Updated on November 23, 2021, 10:11 AM EST https://www.bloomberg.com/news/arti...met-with-central-bank-governor-as-lira-slides "Turkey's president and central bank chief meet as lira sinks - Bloomberg" https://seekingalpha.com/news/37738...ntral-bank-chief-meet-as-lira-sinks-bloomberg
TRY is well past 7.1 Would be interesting to know if Turkish banks still have same exposure to the currency
"‘Our Money Has No Value’: Frustration Rises in Turkey at Lira Crisis" https://www.nytimes.com/2021/11/30/world/europe/turkey-erdogan-inflation-lira.html EUR/TRY at about 14.97 at the time of writing, maybe 1% or 2% away from the TRY low (EUR/TRY 15.22) reached recently on that crazy day when it lost about 10%
"UPDATE 1-Turkey's Erdogan appoints Nureddin Nebati as finance minister" https://finance.yahoo.com/news/1-turkeys-erdogan-appoints-nureddin-221341162.html
"Erdogan Unveils Extraordinary Steps to Protect Turkish Lira, Savings" https://www.bloomberg.com/news/arti...s-extraordinary-steps-to-protect-lira-savings EUR/TRY from 20.73 to 16.62 TUR etf from 15.00 to 19.99
make that EUR/TRY from 20.73 to 14.36 was still over 20.50 at 12pm ET, then reached 14.36 at 2.46pm TUR etf from 15.00 to 21.50 was below 16.00 at 12pm ET, then reached 21.50 at 2.44pm .