Take Benefit of the Turkish Lira Cheap Exchange Rate
The lira had its most volatile month in December, falling practically every day and eventually reaching an all-time low of 20.04 against the euro on December 20, when Turkey's currency had lost more than 60% of its value against the euro this year. Turkey is in the midst of an economic crisis, with official inflation rates above 21%, hurting food, fuel, and home goods costs. Are there any advantages of a low lira rate?
Economic Inflation and Its Impact on the Turkish Real Estate Market
One of the most important areas of the Turkish economy is real estate, whic...
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