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Thread: The Turkish lira has lost 80% of its value since 2008

  1. #1
    Senior Member fxtester's Avatar
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    Default The Turkish lira has lost 80% of its value since 2008

    The Turkish lira has lost 80% of its value since 2008-turkish-jpg

    The Turkish money is in deep trouble. It has lost 80% of its value against the US dollars since 2008. And 38% since the beginning of 2018.

    Donald Trump wants the release of a detained American pastor. The American president has doubled US tariffs on Turkish steel and aluminium. Erdogan could face a new crisis situation in his country.

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    It just shows how those emerging economies are fragile considering their repentance on direct foreign investments. I think that now it can be seen real state of Turkish economy, as it is not any more fabricated by FDIs from US

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38%, 80%, american, attach, beginning, center, country, crisis, deep, detained, dollars, lira, lost, money, president, release, situation, turkish

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