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 ……
by October Gallery
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 ……
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US President Donald Trump announced this week that he would double steel and aluminium tariffs on Turkey. Turkish President Recep Tayyip Erdogan is … source
Turkey’s financial crisis has brought the country to the brink of economic collapse; its currency is in free fall: Should Europe stand by President Erdogan and help … source
The Turkish lira is facing an unprecedented crash, loosing more than 40% of its value against the dollar this year. And its meltdown is rattling global markets. source
President Recep Tayyip Erdogan says Turkey will be boycotting US electronic products in retaliation for what he calls an economic attack on his country. source
Turkey’s currency, the lira, continues to slide as the country’s central bank failed to halt the decline Monday. Turkish President Recep Tayyip Erdogan has … source
Turkey’s financial crisis has hit a new low, after its currency, the lira, sunk to its lowest value ever. President Recep Tayyip Erdogan is blaming it on the U.S., ……
Read more at https://on.ft.com/2Mfz9AR The FT’s Katrina Manson explains why the US has imposed sanctions on Turkey and what this means for relations … source
US says it is ‘not responsible’ for the Turkish lira’s dramatic fall. Turkey accuses the US of ‘stabbing it in the back’. The White House says it is monitoring the…