If I remember correctly Turkey started to actually enact some (actual) corrective measures, so hopefully this downward spiral is at its end.
That’s not good news for Turkey, these tourists will probably use euros or dollars to purchase their goods at a different price than what the locals can afford… Thus feeding the inflation and lira’s demise…
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If I remember correctly Turkey started to actually enact some (actual) corrective measures, so hopefully this downward spiral is at its end.
That’s not good news for Turkey, these tourists will probably use euros or dollars to purchase their goods at a different price than what the locals can afford… Thus feeding the inflation and lira’s demise…
Correction,
that is **Turkiye** from now on
https://www.trtworld.com/magazine/why-turkey-is-now-turkiye-and-why-that-matters-52602
Worse thing that could happen for the Turkish government is if local turkish vendors stop accepting lira and start getting paid in €
Didn’t we already have the same news article?