President Recep Tayyip Urges His People To Trade Their Dollar Deposits into Turkish Lira

Economy Nilgun Salim
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Turks could benefit from weddings paid by the government, tombstones or even hot meals.

The only condition you have to fulfill in order to benefit from these ‘privileges’ is to change your US dollars bank deposits in Turkish liras.

The financial strategy was suggested by none other than President Recep Tayyip Erdogan, who believes this decision will help the national economy and will help their national currency to rise against the US dollar.

Meanwhile, financial experts believe the opposite: economists doubt that such a campaign will have a lasting impact.

In Istanbul, a local baker announced that he is willing to provide a warm bread to every citizen willing to prove that he exchanged $250 into Turkish liras.

‘With Allah’s help, we will grow and the Turkish Lira will annihilate the US Dollar. I don’t have anything to win from this initiative … my only interest is to support the nation as requested by the president’, said the baker in his office decorated with Recep Erdogan’s portraits.

In Gaziantep, an entrepreneur presented a more generous offer. All Turks willing to exchange $10.000 Turkish liras into dollars will be gifted with a free wedding package worth $5.000 Turkish liras (about $1.460 US dollars).

‘We do this because the president asked us to. We asked him to help the national currency to return to its high value’, said Demir.

In Bursa, another entrepreneur offers a tombstone worth 750 sterling pounds (about $220) for those who trade $2.000 in Turkish liras.

Not just small businesses have joined this national campaign. The National Agency for Religious Affairs announced that Muslim Turks MUST pay the cost for a pilgrimage to Mecca in Turkish liras.

The Istanbul Stock Exchange announced it will change all cash deposits in Turkish liras.