I am considering to cease trading Turkish lira for a while, maybe till the end of summer . Or maybe I just need to go short on it consistently. This guy is such a creep to me, and his governance seems to be bad for the Turkish economy, isn’t?

Too many uncertainties there, so, I would agree that this is not the best of times to trade the TRY.

'This is an agreement established with Turkey and the Venezuelan central bank,' said Victor Cano in a press conference. -Venezuela begins refining gold in Turkey

Is this for real? Last time I checked the news feeds, Venezuela’s inflation was close to 1 000 000 %

LazarR wrote: Fri Jul 27, 2018 6:09 pm Is this for real? Last time I checked the news feeds, Venezuela’s inflation was close to 1 000 000 %

That's what I heard last too.

That got me thinking how the country has resources to enter such venture with turkey but can’t deal with its own economical issues.