Word: lira
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...almost certainly too high for the European Union's weakest economies. Germany's Economics Minister, Wolfgang Clement, recently urged Trichet to cut rates--so far, to no avail--and Italy's Welfare Minister, Roberto Maroni, even suggested that Italy should call a referendum on whether to readopt the lira. But after a meeting of the European central bank's council earlier this month that left policy unchanged, Trichet said the current rates were "appropriate" and "fully in line with what would be best to ... foster growth and job creation." The talk about Europe's dumping the euro, he added...
...trade situation, though, could be affected by instability in foreign exchange markets and shifting currency values. A readjustment of currencies within the European Monetary System, which is made up of Belgium, Denmark, France, Ireland, Italy, Luxembourg, the Netherlands and West Germany, took place last weekend. The Italian lira was devalued by 6%, while other currencies were revalued 2%. The Italian currency came under heavy speculative pressure on Friday, with its value going from 1,870 lire to the dollar to 2,200 in a few hours before the Bank of Italy stepped in and ordered a halt to trading...
...million Cost in lira of a night out at the movies with popcorn in Turkey...
...Cost in lira of a night out at the movies with popcorn on Jan. 1, after Turkey eliminated the last six zeroes from its inflated currency (the exchange rate will not be affected...
...RECEP TAYYIP ERDOGAN, Turkey's Prime Minister, on the New Turkish Lira (YTL), which launches in January 2005. The YTL will be worth about 1.5 to the dollar, against today's roughly 1,500,000 lira to the dollar