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Old 16.08.2018, 03:31
unbalanced unbalanced is offline
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Re: Turkish Lira is in free fall...Time to take advantage?

I am from Turkey and this title hurts me actually.. someone asking a benefit but of course I support somehow that idea..

As I read some news recently, some Arab and Chinese tourists are shopping in luxury shops like louis vuitton

here is a sample news

https://www.haberturk.com/doviz-artt...101429-ekonomi

but not sure when the companies will update the prices.. so maybe you should go asap because Turkey have a deal with Qatar that will invest Turkey 15 billion US dollars and that news helped the dollar to fall by 7 TL (turkish lira) to under 6 TL (now its like 5.9 TL).

And also as I read, Turkey will trade with China, Russia and Iran with their currency instead of US dollar. For example, USA put extra tax to buy aluminium and steal (the reason is national security as always ) and china has offered to buy aluminium by paying TL. And a huge boycott is going to start soon. Turkish government has decided to not use american products anymore. Usage of turkish products will be supported.. As I see, EU also supports Turkey in this context because they also see that this will damage EU somehow and they do not want to live under US pressure.. I believe that the balance will change.. Because today's USA is acting like a hunger dog and tries to attack everyone.. whatever..

So what I can advice you.. In Turkey, health stuff is also cheap and good. I know that many people go Turkey for dental or eye operations or plastic surgery.. Beside that as speakeron said, Turkey has also yacht builders. If you have enough money you can buy/order one I think that you are a regular person so I do not need to talk about what you can import from Turkey like leather, carpet, nuts etc..

You can also go some touristic places in Turkey.. I advice you Ürgüp-Cappadocia or Pamukkale or if you are interested in old churches you can visit

https://en.wikipedia.org/wiki/Church_of_Saint_Peter
https://en.wikipedia.org/wiki/Mor_Gabriel_Monastery
https://en.wikipedia.org/wiki/Hagia_Irene

technology things are not so cheap in Turkey.. I think you will not get so much benefit from that.. So if you have any question, I would like to answer..
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