TR Economy & Updates

Saithan

Experienced member
Denmark Correspondent
Messages
8,507
Reactions
31 19,432
Nation of residence
Denmark
Nation of origin
Turkey

Net reserve increased by 67 billion usd without the swap. If the tight policies continue and we tighten the belt on dumb spendings we might avoid having to issue big notes.

EU is phasing out 500 EURO notes and Denmark is phasing out 1000 DKK notes. To curb black money.
 
Last edited:

B_A

Contributor
Messages
1,034
Reactions
4 1,123
Nation of residence
Turkey
Nation of origin
Turkey

Net reserve increased by 67 billion usd without the swap. If the tight policies continue and we tighten the belt on dumb spendings we might avoid having to issue big notes.

EU is phasing out 500 EURO notes and Denmark is phasing out 1000 DKK notes. To curb black money.
500 EURO is too big but I think we need at least 500 Lira notes,200 is too small.

Lira is almost same as Taiwan dollar now,They had 1000 and 2000 Taiwan Dollar notes.

We are almost 5 times bigger than Japanese yen,they had 10000 yen notes.

Of course,introduce 500 lira note now is not good for morale,maybe 1or 2year stable value time is needed

200 Lira cant even buy a meal set in restaurant now
 

No Name

Well-known member
Messages
382
Reactions
6 406
Nation of residence
Australia
Nation of origin
Afghanistan
As Lira stable recenly,I think that s true.....at least by now.
well, that's good. It should help in the long term, and it seems like Turkey's constitutional court has weakened Erdogan's power over the central bank which should also help.
 

B_A

Contributor
Messages
1,034
Reactions
4 1,123
Nation of residence
Turkey
Nation of origin
Turkey
well, that's good. It should help in the long term, and it seems like Turkey's constitutional court has weakened Erdogan's power over the central bank which should also help.
The Truth always stays in somewhere between Western media and pro-Erdogan media(like SABAH).Not as bad as Western media said,nor as good as SABAH .said

As the Western media dont blame Turkish economy recently,I think the situation became a little better.
 

Bozan

Experienced member
Messages
1,518
Reactions
5 1,844
Nation of residence
United Kingdom
Nation of origin
Turkey
20240624_224059.png
 

Bogeyman 

Experienced member
Professional
Messages
9,192
Reactions
67 31,250
Website
twitter.com
Nation of residence
Turkey
Nation of origin
Turkey
It seems it's quite expensive water however with same amount of the water usage it can't be 350-400 Lira previous month.
Below it's close to 350 total water usage is 15 tons lower water usage level.


iski-fatura-itirazi-1.jpg
She said she was paying 350 last month. I don't know. I just shared what I saw.
 

Bogeyman 

Experienced member
Professional
Messages
9,192
Reactions
67 31,250
Website
twitter.com
Nation of residence
Turkey
Nation of origin
Turkey
The consumption is 1000TL, how it happened 1377?
There must be additional fine or something.

They deliberately hide bottom part.
The debts are not written on the new invoice, but in a separate section at the bottom. In the title of the section, you will see that it says "past period debt". Therefore, there is no game or fiction.
 

Bogeyman 

Experienced member
Professional
Messages
9,192
Reactions
67 31,250
Website
twitter.com
Nation of residence
Turkey
Nation of origin
Turkey
The consumption is 1000TL, how it happened 1377?
There must be additional fine or something.

They deliberately hide bottom part.
In addition, showing people's name, address and Turkish ID number on the invoice makes it possible for them to be targeted by scammers. It is in their best interest not to show it.
 

Lool

Experienced member
DefenceHub Diplomat
Messages
2,864
Reactions
13 4,941
Nation of residence
Albania
Nation of origin
Albania
Turkish trade deficit for the month of June was 6 billion which is 2 billion more than the figure of the same month last year
This means that the Turkish current account deficit will likely widen during the month of June which means that Simsek policies are still not providing the desired results
 

UkroTurk

Experienced member
Land Warfare Specialist
Professional
Messages
2,553
Reactions
34 4,425
Nation of residence
Turkey
Nation of origin
Turkey
Top Bottom