by Maximus » Sun Mar 01, 2015 7:47 pm
Lordo wrote:what is really interesting is that fact that since you started this thread, griis and groc have gone to the dogs and terggy is still standing.
what a plonker you turned out to be hey.
by kurupetos » Sun Mar 01, 2015 8:55 pm
Lordo wrote:what is really interesting is that fact that since you started this thread, griis and groc have gone to the dogs and terggy is still standing.
what a plonker you turned out to be hey.
I don't see any dogs. 
by Kikapu » Sun Mar 01, 2015 9:32 pm
Lordo wrote:what is really interesting is that fact that since you started this thread, griis and groc have gone to the dogs and terggy is still standing.
what a plonker you turned out to be hey.
by Kikapu » Sun Mar 01, 2015 9:44 pm
Turkey’s exports decrease by 13 pct upon forex changes
Turkey’s exports decreased to $10.4 billion in February, a 13 percent drop from the same month of the previous year, mainly due to the loss in the Turkish Lira’s value, the Turkish Exporters’ Assembly (TİM) announced on March 1.
The country’s exports also declined by 6.7 percent to $22.8 billion in the first two months of this year from the same period of 2014, TİM said by a written statement.
http://www.hurriyetdailynews.com/turkey ... sCatID=344
by Jerry » Sun Mar 01, 2015 10:21 pm
Lordo wrote:what is really interesting is that fact that since you started this thread, griis and groc have gone to the dogs and terggy is still standing.
what a plonker you turned out to be hey.
by Kikapu » Mon Mar 02, 2015 5:52 am
Erdoğan also repeated his unorthodox claim that interest rates are the cause of high inflation.
“I don’t have to say what others say. I say that interest rates are the cause and inflation is the result.
This is my thesis. [Başçı] says the opposite. He says interest rates will be lowered if the inflation drops.
This is the sign that [he] is on the wrong path,” he said.
http://www.hurriyetdailynews.com/econom ... sCatID=338
by Kikapu » Mon Mar 02, 2015 6:15 am
Interest rate-foreign exchange rate conflict under the shadow of politics
Mustafa Sönmez
In Turkey’s economic agenda, as in several other emerging countries, there has been a conflict going on for a long time about the price of the interest rate and foreign currency. The price of foreign currency is determined by domestic and external dynamics at the end, but when it comes to the interest rate, the political will wants to take the independent Central Bank under its influence and make it do what it wants. However, wanting is not enough and the sharp wind of the market can seriously knock down this ambition.
For the international investor who was looking for a place to land in the world markets shrunken by the 2007-2008 global crisis, Turkey became an attractive address, especially in the years 2010 and 2011.
The volume of foreign currency grew by the inflow of foreign investments, pushing the exchange rates down. This situation also pulled down the interest rates.
In an economy oriented toward the domestic market, interest rates on consumer loans, which the consumer primarily uses for buying homes and automobiles, also followed a low course, making the mechanism work. However, after the domestic market-oriented growth expanded the current account deficit problem and when Turkey started having current account deficits reaching 8 – 9 percent of its national income, the brakes were pulled in 2012. In 2013, the pace did not catch up.
http://www.hurriyetdailynews.com/intere ... sCatID=344
by Lordo » Mon Mar 02, 2015 10:33 am
by Jerry » Mon Mar 02, 2015 11:28 am
Lordo wrote:who said anything about you starting this thread, how bloody self centred are you ffs.
by Kikapu » Mon Mar 02, 2015 11:41 am
Lordo wrote:who said anything about you starting this thread, how bloody self centred are you ffs.
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