This Turkey’s Getting Real Serious!

Following emergency bank meetings and numerous pleas by Erdogan for Turks not to “pull FX out of their banks,” blaming the country’s current economic crisis on America, the Lira has opened massively weaker – crashing below 7.00 per dollar for the first time ever…

That is the second day in a row that the lira has crashed over 75 handles!!!

 

https://www.zerohedge.com/news/2018-08-12/lira-crashes-through-700-erdogan-urges-turks-not-pull-money-out-banks