Wednesday , September 26 2018

Tag Archives: lira

Turkish lira slump is temporary, says head of National Popular Movement

KUWAIT CITY, Aug 18: Head of National Popular Movement Saoud Rashid Al-Hujailan says the fall in the value of Turkish lira to a record low is just a temporary “summer cloud” that will not continue, reports Al-Anba daily. He stressed that Turkey will remain the “iron man that will not …

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Record turnout for purchase of Turkish lira in Kuwait

Luxury Turkish products now less expensive KUWAIT CITY, Aug 16: An unprecedented turnout of Kuwaitis – both individuals and traders – who thronged the exchange markets to benefit from the sharp drop in the value of Turkish lira was witnessed on Wednesday, Aug 15, reports Al-Nahar daily. The decline in …

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Kuwait denies cash buy to shore up lira

Stab in back: Erdogan KUWAIT CITY, Aug 13, (Agencies): Kuwait has rebuffed as “ungrounded” reports that it injected KD 500 million ($1.6 billion) to back the Turkish currency of lira, which has been in free-fall over deteriorating ties with the US. Denying such reports, the Kuwaiti Ministry of Finance said …

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