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.
 

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