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Economy

xchrom

(108,903 posts)

11. Turkey Is Going Down Again

Reply to Tansy_Gold (Original post)

Tue Jan 14, 2014, 08:12 AM

Jan 2014

http://www.businessinsider.com/turkey-is-going-down-again-2014-1

Just beneath the surface of what everyone's paying attention to, the crumbling financial fortunes in Turkey continue to be a major story.

And that continues today. The Turkish stock market is down over 1%. And the dollar has risen to a new high against the Lira.

Here's a one week chart of USD/TRY via XE.com:

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