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Turkey bailed out by QATAR; Lira rises sharply

well that's an interesting twist in the story: Turkish li...
Dashing cowardly weed whacker ceo
  08/16/18
So Qatar is bailing out European banks?
diverse beta headpube doctorate
  08/16/18
...
Abusive brilliant idiot
  08/16/18
why's the euro still in the toilet?
adventurous boiling water
  08/16/18


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Date: August 16th, 2018 3:48 AM
Author: Dashing cowardly weed whacker ceo

well that's an interesting twist in the story:

Turkish lira rebounds after Qatar pledges $15 billion

The Turkish lira is rebounding from record losses a day after Qatar pledged US$15 billion in investments to help Turkey's economy.

The currency strengthened some 3 percent against the dollar on Thursday, trading at around 5.75 per dollar, hours before Turkey's treasury and finance minister were scheduled to reassure international investors about the economy.

The lira had nosedived in recent weeks, hitting a record low of 7.24 last week, amid a diplomatic and trade dispute with the United States.

Washington imposed sanctions and tariffs over the continued detention of an American pastor, while Turkey retaliated with some US$500 million of tariffs on some U.S. imports and said it would boycott U.S. electronic goods.

The currency recovered after authorities took steps to help bank liquidity and limit swap transactions.

https://abcnews.go.com/International/wireStory/turkish-lira-rebounds-qatar-pledges-15-billion-57211310

(http://www.autoadmit.com/thread.php?thread_id=4053124&forum_id=2#36625313)



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Date: August 16th, 2018 3:50 AM
Author: diverse beta headpube doctorate

So Qatar is bailing out European banks?

(http://www.autoadmit.com/thread.php?thread_id=4053124&forum_id=2#36625314)



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Date: August 16th, 2018 7:13 AM
Author: Abusive brilliant idiot



(http://www.autoadmit.com/thread.php?thread_id=4053124&forum_id=2#36625522)



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Date: August 16th, 2018 4:12 AM
Author: adventurous boiling water

why's the euro still in the toilet?

(http://www.autoadmit.com/thread.php?thread_id=4053124&forum_id=2#36625336)