Панель управления
Language: ru en
Currency:
Call Me Back
Property in North Cyprus
Choose your dream house
Sale Rent
Sale Rent

The crisis of the Turkish lira?


Record the "fall" of the Turkish lira46

Record decrease of Turkish Lira was reached during recent days. Latest currency exchange rates have reached the following values: 1GBP – 3.21TL; 1 Euro – 2.69TL, and 1 US dollar – 2.05TL. Some economists unite in opinion that record decrease of the TL is the result of recent measures taken by US and Great Britain. The devaluation of the TL is causing financial harm to local residents that have taken loans in foreign currencies. According to Jim Rogers, an expert in the financial and investment fields, there is no specific reason for the fall of the Turkish Lira, and the currency will resume its place in the market. Foreign nationals and tourists that are spending these last months in Northern Cyprus are finding themselves in fortunate position, as they are changing foreign currency to Turkish Lira at higher rates.

929
08.09.2013

Share on social networks:

Other news


09.06.2022

According to the decision of the Council of Ministers, fuel prices in Northern Cyprus have been increased

According to the decision of the Council of Ministers, fuel prices in Northern Cyprus have been increased
01.01.2022

Happy New Year !

Alliance-Estate would like to wish everyone a Happy New Year and thank everyone for their friendship, support and participation in our life all these years!
29.11.2021

Kyrenia Municipality organizes New Year's market

The Municipality of Kyrenia is organizing a New Year's market for the sale of souvenirs, New Year's cakes, muffins, cookies, chocolate, candy, lemonade, coffee, toys, books, decorations, ...
20.11.2021

Negative PCR test will be required for people wishing to cross the Cyprus border

The rise in the number of coronavirus infections in Cyprus now means that a 7-day rapid test (antigen) or negative PCR test will again be required for people wishing to cross the Cyprus border from Monday, including those who have been vaccinated.