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Monday, 13 August 2018

'We can just pray to God': Turks struggle as lira crisis bites

The currency crash and high inflation have made lives harder, with many blaming ErdoÄŸan

On a normal day, Abdulmecit’s barber shop not far from the medieval Galata tower in Istanbul would be bustling with customers. A week before the Muslim festival of Eid al-Adha, men would stream in for a shave or haircut before the holidays.

But this year, they are holding on to their liras and visits are growing fewer and farther between. Inflation has sent the price of goods soaring, and Abdulmecit won’t be able to afford the traditional sweets and fruits enjoyed during the festival.

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from The Guardian https://ift.tt/2Midyat

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