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  2. Turkish lira - Wikipedia

    en.wikipedia.org/wiki/Turkish_lira

    The Turkish lira partially recovered in early 2021 with the government's increase in interest rates. However, the currency began to crash due to inflation and depreciation starting on 21 March 2021, after the sacking of Central Bank chief Naci Ağbal. The Turkish lira reached a then-all-time-low of ₺8.8 to the dollar on 4 June.

  3. Economy of Turkey - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Turkey

    The Turkish textile is the world's fifth largest exporter, accounting for 10% of the country's GDP and employing 750 000 people in 2018. Turkish companies made clothing exports worth $13.98 billion in 2006; more than $10.67 billion of which (76.33%) were exported to the European Union. [67]

  4. Minimum wage in Turkey - Wikipedia

    en.wikipedia.org/wiki/Minimum_wage_in_Turkey

    Year Gross (TRY) Net (TRY) Gross (USD) Net (USD) Gross USD/TRY Net USD/TRY Gross/Net Ratio Gross (PPP, 2020 USD) Note 2024 20,002.50 17,002.12 678.68 576.88 29.47 29.47 0% Due to inflation, the conversion rate changes greatly. The current conversion rate, indicated in the table, is based on figures on 1 January, 2024 at 05:44 UTC. 2023 July ...

  5. Vision 2023 - Wikipedia

    en.wikipedia.org/wiki/Vision_2023

    The Turkish currency was characterized by a plunging value of the Turkish lira, high inflation, rising borrowing costs and corresponding loan defaults. In 2018, the lira's exchange rate accelerated deterioration, reaching a level of US$4.5/TRY by mid-May.

  6. Turkey's lira logs worst year in two decades under Erdogan - AOL

    www.aol.com/news/turkeys-lira-logs-worst-two...

    The lira - by far the worst performer in emerging markets in 2021, as well as in the last few years - shed 44% of its value against the dollar over the year and 19% in the last week alone.

  7. Economy of Northern Cyprus - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Northern_Cyprus

    Northern Cyprus uses the Turkish lira as its currency, which links its economic situation to the economy of Turkey. As of 2014, the GDP per capita of Northern Cyprus was $15,109, and the GDP was $4.039 billion. The economy grew by 4.9% in 2014 and 2.8% in 2013, meaning that Northern Cyprus is growing faster than the Republic of Cyprus.

  8. White Christmas Forecast 2024: Here's Where The Best ... - AOL

    www.aol.com/white-christmas-forecast-2024-heres...

    Last year, just 17.6% of the Lower 48 experienced a white Christmas. This was the lowest percentage since records began in 2003.Outside of the West's higher elevations, there was an area of snow ...

  9. National debt of Turkey - Wikipedia

    en.wikipedia.org/wiki/National_debt_of_Turkey

    The average coupon rate on corporate debt issued between 2015 and 2017 was 12.1%, compared with 11.1% on short-term deposits and 10.4% for 2-year government bonds. [7] The Turkish Eurobond market opened in early 2011, and banks and corporate entities were allowed to issue Eurobonds directly, without paying withholding taxes on interest payments ...