2005’teki Para Reformu İle İtibarı Artırılan Türk Lirası, Yine Değer Kaybediyor
1 January 2005 is recorded as a significant day for currency reform in Turkey. On this date, six zeros were removed from the Turkish lira in an attempt to enhance the currency’s prestige.
However, in recent years, fluctuations in exchange rates and economic issues have caused this improvement to regress. Critics of the current administration argue that the country’s economic policies negatively impact the economy and that the depreciation of the Turkish lira is leading to a reintroduction of the zeros.
This situation is described by some commentators as a “plan to ruin the country’s prestige.” As long as the economic trends persist, speculations that the Turkish lira will continue to depreciate and that zeros will be added back remain on the agenda.