OECD Report: Turkish Currency Has Lost 89.07% of Its Value in the Last 7 Years.
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Yeni Party MP Sibel Suiçmez stated that according to an OECD study of 35 countries, the Turkish currency has lost 89.07 percent of its value since 2019, adding that the country is experiencing "a political crisis, not an economic one."
Sibel Suiçmez, a New Party MP from Trabzon, stated that according to research conducted by the OECD in 35 countries, the Turkish currency has lost 89.07% of its value since 2019, adding that this is a political, not an economic, crisis. Suiçmez said that this result was caused by mismanagement of the economy, distorted exchange rate policies, and the destruction of a democratic environment based on trust.
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