Turkish Lira (TRY)

Today at 10:30 am F-16 fighters of the Air Force of the Turkish Republic took off from the Ganja airport of the Republic of Azerbaijan, providing bombardment of settlements located in the Vardenis, Mets Masrik and Sotk regions of the Vardenis region of the Republic of Armenia with Azerbaijani SU-25 and Turkish Bayraktar ATS and missile strikes on ground units of the Armed Forces. During this period, its own aviation performed the tasks of combat support of the air defense units of the RA Armed Forces.
The F-16 multifunctional fighter of the Turkish Air Force, while performing a combat mission during anti-aircraft battles in the airspace of the Republic of Armenia, damaged the Su-25 attack aircraft of the RA Air Force.
The pilot, unfortunately, died heroically.
The F-16 multifunctional fighter of the Republic of Turkey, by means of objective control, was located at a depth of 60 km, at an altitude of 8200 meters.
 
TRY is well past 7.1

Would be interesting to know if Turkish banks still have same exposure to the currency

m22au said:
"Goldman Warns Turkish Banks Will Be Wiped Out If Lira Hits 7.1"
https://www.zerohedge.com/news/2018...rkish-banks-will-be-wiped-out-if-lira-hits-71

Levels at which Goldman believes excess capital would be eroded:
IS 6.3
YKB 6.3
AK 6.9
HALK 7.6
GAR 7.6
VAK 7.7

Sensitivity
AK -67
GAR -61
YKB -53
IS -52
VAK -44
HALK -43

https://en.wikipedia.org/wiki/List_of_banks_in_Turkey

https://en.wikipedia.org/wiki/Ziraat_Bankası (does not appear to be one of the six above)

IS
https://en.wikipedia.org/wiki/Türkiye_İş_Bankası

GAR
https://en.wikipedia.org/wiki/Garanti_Bank

AK
https://en.wikipedia.org/wiki/Akbank

YKB
https://en.wikipedia.org/wiki/Yapı_ve_Kredi_Bankası

HALK
https://en.wikipedia.org/wiki/Halk_Bankası

VAK
https://en.wikipedia.org/wiki/VakıfBank

.
More...
 
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