Search result for DEPRECIATION
POSSIBLE DECLINE PREDICTED IN DUTCH ECONOMY THIS YEAR
Highlights –
- COVID-19 has brought down the Dutch economy this year.
- Amsterdam is usually the euro zone’s fifth-largest economy.
- Its economy may shrink by 6.4% this year.
- Unemployment is set to increase to 7% by the en...
How Erdogan’s Attempts to Stabilize Lira Have Backfired?
What was once the most lucrative foreign investment market in the Middle East, Turkey, has now started to feel the dramatic effects of depreciation of its currency, Lira and the rapid disinvestment by foreign investors in the past two years.
The Turkish currency Lira, has depreciated al...
While the Lira Continues to Struggle:
The currency crisis that has struck the Turkish Lira since August 2018 is showing no signs of dying down. On Monday the Lira gained 0.4% against the US Dollar however quickly lost that lead on Tuesday again depreciating 0.6% against the US Dollar. The Syrian Government Troops on Monday attacked a...