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| The Grand Turk |
| Institute of International Finance raised its “fair value” estimate for Turkey’s lira to 9.50 versus the dollar from 7.50 |
| 2021-05-04 |
[PUBLISH.TWITTER]
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| Posted by:Fred |
| #3 the Turkish Lira has been in a long slump. official rate was about 2 Lira per dollar back in 2013 so buy imported figs (lots of fiber) |
| Posted by: Lord Garth 2021-05-04 09:12 |
| #2 ..I'm sure those in the White House and Nancy's Congress are working mightily to bring 'equity' to the issue. Keep those printing presses rolling boys! |
| Posted by: Procopius2k 2021-05-04 08:14 |
| #1 The fair value was “ lowered” not raised. If it takes 9.5 Turkish Lira to buy a dollar vs 7.5, the value of the Lira has dropped against the dollar., not increased. |
| Posted by: Dacama 2021-05-04 07:57 |