Turkish Cenrtal Bank

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Turkish Cenrtal Bank

Postby cok guzel » 29 Jun 2006 09:14

Hi

Just saw on BBC Breakfast News that the Turkish Central Bank has raised interest rates by 2 per cent to try and help the ailing Turkish Lira.
I hope this doesn't mean the rate will start dropping again as I am off to Icmeler next week. Luckily I bought a wedge of Lira last week at a good rate

:cry: :lol: :cry: :lol:
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Postby wa66yne » 29 Jun 2006 11:11

would you expect the lira to fall????
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Postby cok guzel » 29 Jun 2006 11:44

It might, that's why they put up interest rates to stop it rising

:cry: :cry:
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