Tue, 21-Oct-2025

Turkish lira collapse piles misery on northern Syria

Turkish lira

AL-BAB, Syria: Mohammed al-Debek, a schoolteacher in northern Syria, is on strike: the currency devaluation in neighbouring Turkey has slashed the value of his salary by two-thirds. His town of Al-Bab lies in a northern area of war-torn Syria that in recent years has turned into a de facto Turkish protectorate. Because the Turkish lira is … Read more