SouI
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Lets hope it goes down to 4tl!Congratulations Turkey Lira 5.12 against us dollar.
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Lets hope it goes down to 4tl!Congratulations Turkey Lira 5.12 against us dollar.
Why?Lets hope it goes down to 4tl!
Why?? Are you even asking or just trying to troll me?Why?
I am asking. Why?Why?? Are you even asking or just trying to troll me?
Well because it is a good thing?????I am asking. Why?
Well because it is a good thing?????
What happened, did you fall on your head or what
Okay, why do you think TL is a good value? In my opinion, a lower exchange rate like 3 TL is more balanced between import and export value.
Has positive and negative consequences. If Lira improves against Dollar the debts of the companies that are largely in Dollar could be paid off easier and having a weak currency makes exports easier. So it depends on which effect is better for the economy really.
I disagree, we are lowering the parity through monetary tightening policies.No, it's not. Below there is a screenshot from my personal statistics table:
Green rows show exports, red rows imports and blue rows trade deficit. And numbers on the orange boxes are export/import ratio. As seen on the table, for July (exchange rate for dollar was 4.5 TL) it was %70. After rising of rates it started to increase and for last two months it is above %95.
So even for 4.5 TL, our import was too high. If rate becomes 3 TL, our import will skyrocket and export/import ratio will fall to %60's.
In my opinion we must keep rates in this level. Below is bad for us.