After a 13% devaluation of its currency took place yesterday, Turks can’t buy iPhone and other articles online.
Upon entering the Web page from Apple in Turkey, the system does not have the “Add to bag” After choosing the model, color and storage capacity of the phone.
European Union approves new rules for US technology companies.
After the devaluation of the Turkish lira, the prices of electronic items stayed up 10% cheaper of what they cost in dollars in the United States.
This year, the Turkish lira has already lost 43% of its value, which is why stores say that many consumers think about the buying electronics as an investment, since they will be able to sell them a year later for more than what they paid.
Collapse of the Turkish lira
The Turkish lira yesterday registered a new record devaluation, with its price falling more than 13% against the dollar and the euro.
The landslide had started last week, after the Central Bank’s decision to lower interest rates, at the explicit request of President Recep Tayyip Erdogan, a cable from Agencia Ansa specified.
In this way, the Turkish lira continues with the devaluation path that locates it among the worst performing emerging currencies so far in 2021, in which it reached all-time lows.
The situation that the Turkish currency is going through is issue of attention for emerging countries, due to the drag effect that it could cause.
LM / ds
