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Friday, August 07, 2020

Catastrophic fall of lira could be blessing in disguise for Turkish tourism

Catastrophic fall of lira could be blessing in disguise for Turkish tourism

Harry S. Johnson
August 7, 2020 18:12

Turkish lira keeps hitting record lows against the major currencies on exchange markets due to years of debt accumulation and the unwillingness of President Erdogan to increase interest rates.

More:Catastrophic fall of lira could be blessing in disguise for Turkish tourism