Turkey Is Nonplussed Because of Their Currency

Recently, because of the political and economical problems in our country, Turkey, all citizens that live here are in trouble. The prices of many technological devices including smartphones, laptops, smartwatches, and so on have been soaring these days. The change in the exchange rate of the dollar since the last month has driven people, especially investors, crazy. As the exchange rate has increased from 8 to 18, iPhone prices have increased nearly 50% compared to their previous price. However, something interesting happened while the president of Turkey, Mr. Erdoğan was giving a speech. The dollar exchange rate has fallen down sharply. Now, due to the decrease of the exchange rate from 18 to 11, Apple gave a discount to all of its devices like iPhones, MacBooks, AirPods, etc. Well, this seems like good news but it is definitely unclear whether the exchange rate will continue to change at this speed or not. Therefore, if you want to buy a new smartphone, laptop, or PlayStation… it is 100% sensible if you buy it as soon as possible.


Alpartun Günhan