TR Economy & Updates

Saithan

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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.
 
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B_A

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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

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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

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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

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20240624_224059.png
 

Bogeyman 

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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 

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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 

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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

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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

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