Do you think the lire will continue to get stronger over the next few days as it took a dive last week and i need †o transfer back to pounds in the next month

Do you think the lire will continue to get stronger over the next few days as it took a dive last week and i need †o transfer back to pounds by the end of next month. thanks

Hi Colleen,

Thanks for getting in touch.

In answer to your question, the Turkish Lira has improved a little against Sterling today thanks to improved levels of appetite for risk.

However, with a US interest rate hike approaching and political uncertainly in nearby nations, the Lira is likely to weaken again. You might be better to act sooner rather than later.

Regards,

John
currencynews.co.uk
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