TR Economy & Updates

T

Turko

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Is he joking ?
Deputy Minister must be wiser than us , if he weren't , he wouldn't have been appointed as deputy. Am i wrong?:)

Lastik patladı jant üstünde gidiyoruz.Kıvılcım çıkartıyor kıvılcım.

The Turkey 10 Years Government Bond has a 20.980% yield (last update 23 Nov 2021 9:15 GMT+0).

Yield changed +124.0 bp during last week, +60.0 bp during last month, +882.5 bp during last year.

Credit Default Swap of Turkey:475



Yeah we are decreasing interest rates.


Current EUR/TL :14!!!!

Turkish Minumum wage is 200EUR.
 
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Rodeo

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This is f*cking INSANE!! Turkish lira has lost 17% percent against dollar TODAY! What is happening? I didn't think such thing was possible. I don't remember the last economic crisis. I was a child then. What will happen? Can the people who knows about it speak up, please?

EDIT: What was the biggest loss of TL in a day in Turkey's history?
 

Anmdt

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Deputy Minister must be wiser than us , if he weren't , he wouldn't have been appointed as deputy. Am i wrong?:)

Lastik patladı jant üstünde gidiyoruz.Kıvılcım çıkartıyor kıvılcım.

The Turkey 10 Years Government Bond has a 20.980% yield (last update 23 Nov 2021 9:15 GMT+0).

Yield changed +124.0 bp during last week, +60.0 bp during last month, +882.5 bp during last year.

Credit Default Swap of Turkey:475



Yeah we are decreasing interest rates.


Current EUR/TL :14!!!!

Turkish Minumum wage is 200EUR.
*15 already.

They have ruined it, stock food if you can.
 

Olcayto

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This is 2000/2001 crisis all over again. Back in those days many sides managed to screw the economy, right now only one man has managed to do this.

RTE is truly a great leader, he managed to outperform Ecevit, Mesut Yılmaz, Devlet Bahçeli and Ahmet Necdet Sezer all combined.
 

karajlo

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ok...so it's all about saving the construction sector that supports AKP and banks hitting back with dumping Lira
 

Successwill

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This is f*cking INSANE!! Turkish lira has lost 17% percent against dollar TODAY! What is happening? I didn't think such thing was possible. I don't remember the last economic crisis. I was a child then. What will happen? Can the people who knows about it speak up, please?

EDIT: What was the biggest loss of TL in a day in Turkey's history?
Take a look at the last 30-40 years of chart of USD/TRY pair. You will see how it was and how it is now.
 
T

Turko

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Take a look at the last 30-40 years of chart of USD/TRY pair. You will see how it was and how it is now.
You underlined historical fact that last 39-40 years right wing parties as AkP caused inflation and devaluation.



Gratefully he didn't become mayor of Istanbul

 

Khagan1923

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The country is going down the gutters. Nothing is being kept untouched. Society, Education, Economy, Armed Forces, Justice, Welfare, Natur, Youth, Pension.

It will take decades to undo the damage and then decades to reach the potential this country actually has not only economical but also technological.

2 years and he will do anything in those two years to destroy this country and its future.

Because he hates it with a passion.

The history books will still write about him as was he was. A wanna be sultan who tried everything to destroy what Turks built.

He won’t accomplish it though. Many superior men have tried and even empires. None were able to break the will of the Turks.
 

Deliorman

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What do you guys expect... after all the country is being run by a guy with a DIPLOMA in economics... that even he hasn't seen. :D

ps The End will be like that of Causescu.
 
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