Turkish Lira down 12%

Hummous and Taramasalata up 25% too. It's a double dip recession.

What a fall-awful

Barry

Barry

Have the BBC blamed it on brexit yet ?

UP - but if you red the gruniad you wood no it was in fact DOWN   amazing scenes

whoops sorry wrong fred

Dont really know what this means for the Turks

I'm sure the Americans will lend a hand

Ten year chart

https://www.xe.com/currencycharts/?from=GBP&to=TRY&view=10Y

Unbelievable!

What's caused the recent collapse?  Doggy?

Trump doubles metal tariffs on Turkey as lira falls by 20%

https://www.bbc.co.uk/news/world-us-canada-45123607

at least ford vans will be cheaper seeing as the eu helped to pay for the transfer of 800 plus jobs to the country 
we now have to import loads of them instead of exporting

another wonderful move by the eu family

It's quite bazaar, Mo.

ho ho

Moisok

All done deliberately, no one can tell me these so called "leaders" are blind to it all, its all being done on purpose

Trump is such a wonderful leader, he wouldn't go out his way to try and make life difficult for citizens of the world oh no

Then goes out and doubles tariffs to collapse another country's currency

All the while he's isolating his own country into the bargain

old erdy is bonkers - but he won't get hurt - just his people

Gunboat diplomacy I believe, Erdogan currently has an American in jail who Trump obviously believes should be let out.

Expect him to double the tariffs again if the Turk doesn't do what he wants.

AND RIGHTLY SO.

Holidays in Turkey should soon be fully booked.

Get Greece out of the Euro and the same there.

Erdogan reaping what he's sown.If he wants to be an all powerful dictator so be it,but don't expect inward investment.

yes one Andrew Brunson the Turks have locked up

I think Turks have a similar person whom they want America to hand over. Gullen his name.

Tensions between America and Turkey have been ratcheting up in recent months, despite the latter being a critical ally for the US’s military engagement in the Middle East.

Mr Trump is demanding the return of Mr Brunson, who is accused of being involved in the failed coup to overthrow the Turkish government in 2016.

The US government has dismissed the claims against the evangelical Presbyterian pastor as baseless and without evidence.

Mr Erdogan is in turn demanding the extradition of Fethullah Gulen, an exiled cleric living in Pennsylvania whom the Turkish government accuses of being behind the coup attempt. America has refused.

Talks involving Mike Pence, the vice president, and Mike Pompeo, the secretary of state, to secure Mr Brunson’s release have reportedly being going on being the scenes in recent weeks.

https://www.telegraph.co.uk/news/2018/08/10/erdogan-tells-turkish-people-trust-god-lira-tumbles-us-row/
.

or Liam Fox opened his mouth again.

listen to the man"Carney and FOX caused all the trouble,talking about a no deal is causing the slump and every single time the words no deal are mentioned the pound will slide further down ,a no deal is an utter catastrophe for the UK and everyone knows it (INCLUDING THE WORLD AND ITS MOTHER)if people do not stop saying "no deal"the pound is heading down the big long snake in this game of snakes and ladders and i am dead serious about this, it could even come to the UK people being told to "brace for impact"because it is quite possible that the pound could crash.sleep well readers"

A cashless society is what the elite wants and no matter what it takes or how long it takes,they get want they want, its all about control .

Might it not just be that the more Islamified a society becomes the less effective their economies are ? Too many prayer breaks for the cult members and too little work done has been my experience observing at close quarters.

It's ok brassneck George Soros coming will be alright as he must owe 15 billion
from last time he crashed the pound

Turkey should be forced to do as America says , good work Trump

yes like the rest of the world OR ELSE,what a shower!

Buy Turkish Lira now imo

Because its bound to go back up, they crash them for a reason, so they can make a fortune on the upside

Lira will rebound

carney is an canadian doesnt give a fick about us total moran to do what he has done

but thee is no reason behind his reasoning but of course there is