409 Rut Roh - Turkey Halts All Stock Trading As Currency Disintegrates, Central Bank Powerless To Halt Collapse (www.zerohedge.com) posted 3 years ago by ObamaSucks 3 years ago by ObamaSucks +409 / -0 73 comments share 73 comments share save hide report block hide replies
That was just the start however, and the currency plunge only accelerated crashing as low as 17.14 just hours later, bringing declines this week to 17%. YTD the currency has lost more than half of its value!
Hmmm...funny that number always popping up!
And Q138 calls out Central Bank of the Republic of Turkey as privately owned. Interesting.